How oil price volatility can affect the global economy.

about the oil price shock that you mentioned because I've seen two arguments really emerge on Wall Street. One, if we have a sustained increase in oil like you were alluding to, we could see this upward pressure of inflation that could trickle through into gas prices which we know have been pretty stable. That's been helping the consumer right now.On the opposite side of that, that could also dent growth which could lead to maybe a deceleration of the labor market and then that would force the Fed to act mo ...