Macro Matters: ‘Higher oil prices will destroy demand’ #Reuters

Macro Matters: ‘Higher oil prices will destroy demand’
With the OECD slashing global growth forecasts from 3.3% to 2.9% in 2026, ING’s James Knightley explains how rising oil prices could reduce consumer spending power and lower inflation.

#oecd #oil #inflation #economy #macromatters #News #Reuters #Newsfeed

👉 Subscribe: https://reut.rs/4b8fRGn

Keep up with the latest news from around the world: https://ift.tt/6MXDgUj
Follow Reuters on Facebook: https://ift.tt/ezU4B8W
Follow Reuters on X: https://twitter.com/Reuters
Follow Reuters on Instagram: https://ift.tt/JYBqNA5

Thank you for your support in keeping this website running.💛

View on “Tokyo Trend News”