VOL. XLIII

No. 39

25-September-2000

OPEC

Higher Oil Prices Stabilizing US Economy, CSFB Brief Says

Higher oil prices are having a stabilizing effect on the US economy and are helping it to achieve a soft landing, according to a brief on the current state of the US economy published on 13 September by the economic research department of Credit Swiss First Boston (CSFB). The brief says that higher oil prices are impacting economic growth but in a moderating fashion and that the effect on inflation...