UK Money blog provides news and comment on the world of money, finance and investment. We cover mortgages, loans, leasing, insurance, credit cards, property, savings and taxation.
11 September 2008
Crude Oil Price Boosts Economy
It may not be very much but the price of crude oil looks like settling at around $100 per barrel. This level may be sufficiently low to provide a whole series of benefits for the wider economy. Interest rates, food inflation and of course the price of domestic heating may all start to fall.
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