Apollo’s Slok Warns of Inflation Risk From Diesel Surge
Apollo chief economist Torsten Slok warned that rising diesel prices could create inflation risks that the Federal Reserve might overlook in its current energy calculations.
Torsten Slok, chief economist at Apollo, warns that inflation from rising diesel prices may not be taken into account by the Federal Reserve since “that is really entering elsewhere in the CPI basket than in the energy line.” He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
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