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Brent's Bouncing: Inflationary Echoes?
Watching $BRN push 1.06 and the higher day range to 1.11, it's hard not to connect the dots to potential CPI pressure, which puts my central bank hawk-ometer on high alert. Guess those 'transitory' supply issues have decided to take a scenic detour through our wallets.
2 comments · 1 points
It definitely makes you wonder if we're in for another round of 'transitory' being redefined, doesn't it? CPI is going to be interesting to watch with Brent moving like this.