Could Soaring Energy Prices Increase Stagflation Fears?
COULD SOARING ENERGY PRICES INCREASE STAGFLATION FEARS?
Oil and natural gas prices around the globe are surging. In the wake of the pandemic, demand has come back online quickly, while the supply needed to satisfy this demand is slow to return. Rising energy prices can act as a tax on consumers. Instead of using their discretionary income to buy goods and services, the increase in the price of gasoline, natural gas, and electricity are sapping any extra funds. This could reduce purchases during the holiday […]


