Economist Warns of Negative Impact of Fuel Price Volatility on Economic Growth
Economist Niaz Asadullah cautioned against the potential negative effects of fuel price volatility, including trader speculation and anticipated inflation, which could hinder economic growth. According to FMT, he warned that powerful syndicates might exploit uncertainties, destabilising the market further, while the anticipation of future inflation could impact consumer spending and producer decision-making, affecting economic stability. […]