How $40 oil will impact the U.S. economy

By Staff | August 28, 2015 | Last updated on August 28, 2015
2 min read

So far this year, the price of oil has tumbled 58%, reports Bloomberg. But, in a recent survey, the outlet found most economists say today’s low oil prices aren’t yet weighing on the U.S. Federal Reserve.

Still, 30% of the economists surveyed predict persistently low prices of around $40 per barrel may cause a delay in Fed tightening.

For more, watch the video below.

Also read:

Find opportunity in volatility

Resources drag on small caps

Correlation high between Canada, emerging markets

Which sectors benefit from low rates?

Energy funds rebound: Morningstar staff


The staff of have been covering news for financial advisors since 1998.