How the war in the Middle East is impacting inflation
About this episode
The episode discusses the impact of the Middle East war on inflation and energy prices, along with insights on SpaceX's upcoming IPO.
The Bureau of Labor Statistics released the consumer price index for May this morning, with some bad news for consumers. Headline inflation soared over 4% for the first time in three years, driven in part by higher energy prices caused by the war in the Middle East. The question remains of how much higher oil prices will continue to seep into other areas of the economy. Also on today’s show is a look at how index fund providers could react to SpaceX’s upcoming IPO.
Topics covered
- inflation
- energy prices
- Middle East conflict
- consumer price index
- SpaceX IPO
Keywords
- inflation
- consumer price index
- energy prices
- Middle East
- SpaceX
- IPO
Mentioned in this episode
Organizations: Bureau of Labor Statistics, SpaceX
Places: Middle East
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