2 Question Tuesday® – 03/10/2026 – As Oil Rises Above $100 a Barrel How Will This Hurt the Economy? What Do You See the Fed Doing About Rates at Its Meeting Next Week?
Welcome to 2 Question Tuesday. This week’s questions were:
- As Oil rises above $100 a barrel how will this hurt the economy?
- What do you see the Fed doing about rates at its meeting next week?
Phil, Mike, and Larry discuss the price of oil climbing as high as $130 a barrel and what the repercussions for the global economy will be if the price stays above $100. They then talk about how the Federal Reserve will react to Friday’s jobs report which showed nonfarm payrolls fell by 92,000 in February, one of the largest declines since the pandemic, and the unemployment rate rose to 4.4%, combined with fears the energy markets will drive inflation higher.
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