Middle East situation likely to get worse, lift energy, keep rates high
Marc Ostwald, chief economist and global strategist at ADM Investor Services International says the situation is likely to get worse before it gets better.
Marc speaks to IGTV’s @AngelineOng about why the Middle East situation is likely to get worse before it gets better and keep energy prices supported on the high side. This, Ostwald says, will likely keep interest rates in countries battling sticky inflation higher, for longer.
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