Inflation, Oil Prices, and Global Tensions

October 15, 2023 Update

Last week, it was time for the inflation index, and the reading came in at 3.7% YoY, which was as expected. However, the concern is that this number remains the same as the previous month and is higher than the 3.1% reading we had in June.

The inflation trend is down, yet the market fears that it will take too long before we go below 3%. Is the “stickine…