Re:Federal Reserve to increase interest rates by 75 basis po...
by throwaway0a5e on Wednesday July 27, 2022 @02:37PM
(#32254625)
Gas is highly volatile on a good day and we're coming off of an exceptionally high spike. 20% off of a high that's ~2x what it was a year ago and ~3x what it was a year before that. Gas prices will likely continue on a generally downward arc. The shape/timeline of the arc nobody knows and how low it will go nobody knows. I doubt it will hit the 2s nationally.
Energy in the general sense underpins the entire economy but there is so much more on top of that making inflation more complex.
Energy in the general sense underpins the entire economy but there is so much more on top of that making inflation more complex.