Journal Article
Rising oil prices and economic turmoil: must they always go hand in hand?
Abstract: When oil prices jump, people get jumpy-especially when the Fed is bumping up interest rate targets at the same time. Why? Because these two events have accompanied virtually every recession since World War II. At least until now.
Keywords: Interest rates; Power resources - Prices; Petroleum industry and trade;
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https://www.stlouisfed.org/publications/regional-economist/january-2001/rising-oil-prices-and-economic-turmoil-must-they-always-go-hand-in-hand
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Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2001
Issue: Jan
Pages: 4-9