Apollo’s Slok Says Fed Risks Overlooking Diesel-Price Danger
Torsten Slok of Apollo Global Management warned that record diesel prices pose a significant inflation threat. He suggests the Federal Reserve may be underestimating how these fuel costs impact the core consumer price index.
Apollo Global Management Inc.’s Torsten Slok warned that record diesel prices pose a greater inflation threat than the Federal Reserve may appreciate because those fuel costs flow into the core consumer price index.
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