- DB: higher energy prices pose some downside risk to growth
Market news
14 March 2011
DB: higher energy prices pose some downside risk to growth
"Higher energy prices pose some downside risk to growth, but the impact is more likely to be felt next quarter assuming oil prices remain over $100 per barrel. A substantial portion of the growth in the current quarter is likely to come from inventory restocking." They est auto sales will fall with higher gas prices. Better household wealth and easier credit may be offsets.
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