Briefing: Oil price surge will hurt US growth and fuel inflation, say economists

Economists are increasingly concerned about the implications of rising oil prices on the US economy, particularly in terms of growth and inflation.

The FT-Booth Survey indicates a significant unease among experts regarding how the ongoing conflict is influencing these economic factors.

As oil prices rise, the potential for increased operational costs across various sectors could lead to reduced economic throughput and heightened inflationary pressures.