Peter Schiff warns $100 oil could unleash a July inflation shock
Economist Peter Schiff has warned that Brent crude’s surge above $100 could reverse June’s 0.4% monthly CPI decline and produce a sharp US inflation rebound in July. Summary Peter Schiff warns oil’s rebound above $100 could drive July inflation sharply higher. Brent surged as Houthi attacks and restricted shipping intensified global supply concerns. Markets price…
