As the Opec cartel agrees to cut oil production, should central banks prepare for a rise in inflation? David Morrison, senior market strategist at Spread Co, says Yes. Crude soared on Opec’s announcement not just to freeze, but to actually cut production. Yet the upside momentum appears to have petered out for now. No wonder, given the lack of detail over who will bear the brunt of the proposed cuts and uncertainty concerning a [...]
