US Economics Analyst_ Lower Oil Prices_ Another Reason to Expect Slowing Inflation and Healthy Growth (Walker)

30 September 2024 | 7:45AM EDT _ n Oil prices have fallen $15 per barrel since July and $20 since April. Our oil strategists expect prices to rebound modestly over the next couple of quarters as prices converge to their estimate of fair value but see risks to the medium-term path as skewed to the downside. In this Analyst, we take a fresh look at what lower oil prices mean for growth and inflation. Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Alec Phillips +1(202)637-3746 | alec. ...