Apollo’s Slok Says Fed May Be Overlooking Risk From Diesel Surge

Apollo Global Management Inc.’s Torsten Slok warned that record diesel prices pose a greater inflation threat than the Federal Reserve may appreciate because those fuel costs flow into the core...

By Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern · Bloomberg Markets

Apollo Global Management Inc.’s Torsten Slok warned that record diesel prices pose a greater inflation threat than the Federal Reserve may appreciate because those fuel costs flow into the core consumer price index.