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Jeff Currie Sees ‘Extremely High’ Chance of $5 Gas by Midterms
Source: Bloomberg
Energy Markets & PricesInflationCommodities & Raw MaterialsElections & Domestic PoliticsCurrency & FX
Commodities strategist Jeff Currie expects average US gasoline prices to almost certainly reach $5 per gallon before the midterm elections. He attributes the expected increase to fuel scarcity and currency debasement, signaling renewed inflation pressure, potential consumer-demand headwinds, and political risk ahead of the vote.
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