Do Oil Prices Still Predict Inflation?

Oil prices and inflation are usually thought to have a cause-and-effect relationship. As oil prices move up, so does inflation and vice versa. However, new research suggests that correlation has deteriorated, and other indicators may prove more meaningful. What can oil prices tell investors about potential future inflation? Presented by @CME Group: https://www.cmegroup.com/openmarkets/commodities/2021/inflation-and-the-commodities-bounce.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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