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Stock impact report

Iran oil price shock scrambles Fed outlook, rate discussions [Yahoo! Finance Canada]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Oil's sudden increase has implications for inflation and economic growth — pushing inflation up, growth down, or both — depending on how long the conflict persists. “I think it's more of an impact on growth when we look a year out,” Wilmington Trust chief economist Luke Tilley told Yahoo Finance on Monday. “It will hit CPI and PCE headline inflation right away, but I don't think there's a lot of pass-through to core inflation, and there's more of a concern for economic growth than for inflation.” Historical research shows that as long as the oil price shock comes from the supply side, it doesn't lead to high “core” inflation — the price measure that excludes energy and food prices — even though it will show up in headline numbers. Instead, Tilley said, research shows spikes in oil hurt growth. The biggest question, and the one that will have the most implications, is how long the war lasts. Tilley estimates that if oil stays at $100 a barrel for three months, it will be reall Show less Read more
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