Why Falling Oil Prices Are Good for Most Markets
By giving consumers an effective tax cut and suppressing inflation, the recent decline should foster growth and help keep rates low.
Michael Spinks
October 31, 2014
A fuel pump stands at a Road Ranger gas station in Princeton, Illinois, U.S., on Tuesday, June 17, 2014. Gasoline in the U.S. climbed this week, boosted by a surge in oil, and is expected to reach the highest level for this time of year since 2008. Photographer: Daniel Acker/Bloomberg
Daniel Acker/Bloomberg
