Back to today’s briefing

Story perspectives

Economist Predicts Inflation Drop Despite Rising Oil Prices

3/8/2026

40 8 Full Breakdown

Summary

Story summary

David Rosenberg, an economist, predicts inflation will fall by the end of 2023 despite geopolitical tensions pushing oil prices higher.
Brent crude rose over 9% to $92.80 a barrel.
West Texas Intermediate climbed more than 13% to exceed $91.31.
Rosenberg argues these price increases will reduce consumer spending, creating a cost-squeeze.
He notes historical patterns where inflation drops after oil-price spikes, challenging fears of stagflation.

1 of 1

Story summary

David Rosenberg, an economist, predicts inflation will fall by the end of 2023 despite geopolitical tensions pushing oil prices higher.
Brent crude rose over 9% to $92.80 a barrel.
West Texas Intermediate climbed more than 13% to exceed $91.31.
Rosenberg argues these price increases will reduce consumer spending, creating a cost-squeeze.
He notes historical patterns where inflation drops after oil-price spikes, challenging fears of stagflation.