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Oil surge fuels stagflation fears as inflation pressure builds
David Scutt warns rising oil prices could trigger stagflation, affecting global inflation and economic growth.
Rising oil prices threaten global economy, warns David Scutt from StoneX on potential stagflation and slower growth
‘Energy makes the world go round’ amid rising oil prices, warns David Scutt.
David Scutt, Senior Market Analyst from StoneX discusses the impact of rising oil prices on global inflation.
High energy costs could lead to stagflation, affecting consumer and business levels.
Persistent high prices may slow economic growth and impact risky assets like equities.
Watch for geopolitical tensions and potential further oil price increases.
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