Analysis: If oil prices stay at $120 per barrel for 3 months, the US inflation rate will rise to 3.7%

GateNews

2026-03-09 03:07:31

Gate News Report, March 9: According to The Kobeissi Letter analysis, with U.S. oil prices currently approaching $120 per barrel, their model shows that if current levels persist for three months, the U.S. CPI inflation rate will rise to approximately 3.7%. This would bring U.S. inflation to its highest level since September 2023.

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