Well, first of all, PCE today, month over month was 0.2, which was, we're looking at decimal points, but the estimate was 0.3. So one month doesn't a trend make. And what we've seen is actually Oil prices are down about 10% in May. There are almost 2,000 ships waiting to come out of the Gulf. And I think the oil market is going to be very well supplied on the other side of this and that we could see prices come down very quickly. (05:01–05:04)
CLAIM
Asserts that oil prices decreased by about 10% in May.
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