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Global Economy Gets Tailwind From Falling Energy Prices

March 12, 2023

Energy prices are roiling the global economy for the second time in a year.

This time, it’s good news. Plunging oil and natural-gas prices are pumping up economic growth, putting money into consumers’ pockets, boosting confidence and easing pressures on government budgets.

It is the reverse of the energy-price shock a year ago, when Russia’s invasion of Ukraine raised concerns about a deep recession in Europe and beyond.

Read More on The Wall Street Journal