Oil futures headed lower in Thursday dealings, giving up early gains after the International Energy Agency, in its monthly report, slightly raised its forecast for growth in crude demand in 2024 but lowered its outlook for next year.
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The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
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