“The fall in oil helped diminish some nervousness over inflation.”
Andre Caminada
“Higher oil prices may be partly passed through to core inflation at least for a time,”
Janet Yellen
“Oil-driven inflation concerns seem set once again to propel the gold market higher with fund players keen to push the market in their favor.”
James Moore
“Oil prices have not been a positive for the equity market with the potential for rising inflation.”
Anthony Chan
“The Reserve Bank will continue to monitor higher short-term inflation risks from oil against slowing economic activity. While the bank might engage in occasional bouts of jawboning, we see little prospect of rates moving in either direction for some considerable period.”
Alan Oster
“Oil prices are heading to levels that may kick off a pullback in equity markets. A spike in inflation could slow down growth.”
Pablo Garcia
“The overall effect of the international oil price increases on inflation and output has been far more muted than expected.”
Tito Mboweni