The knock-on effect for oil and gas prices is the key concern for economists. The Fed is tasked with keeping inflation at 2%, and consumer prices are already above-target on this metric. Lowering the base rate would be adding fuel to that inflationary fire, by stoking consumption and borrowing.
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His industry accolades include five Grammy awards, induction into both the UK Music Hall of Fame and the Rock and Roll Hall of Fame - both with Black Sabbath and as a solo artist, in separate years - and the Ivor Novello Award for Lifetime Achievement, with Black Sabbath.