Oil price surge is the No. 1 threat to the US economy, Moody ’s economist warns

The US jobs market is on fire. Consumer spending is strong. And the economy is growing at a brisk pace. But there is a growing threat to that sunny economic backdrop: surging oil prices. US oil prices are rapidly approaching $90 a barrel. Global oil prices are flirting with $92 a barrel amid…#middleeast #federalreserve #markzandi #donaldtrump #trump #zandi #iran #syria #iranian #israel
Source: Reuters: Health - Category: Consumer Health News Source Type: news