High oil prices could hurt US economy soon -CIO

STORY: She added, "we do think you're close to that point where if (oil prices) were to continue and hold at this level for an extended period of time, it's going to put pressure on the economy. And so hopefully it's one of the other things that would offer for the Fed(eral Reserve) sitting tight and staying pat for an extended period of time. Because it's going to take time for that to filter all the way through the numbers in the economy."