an hour ago
I wanted to bring to your attention some recent developments in how the oil dropped 1% and financial markets. Specifically, there are concerns about the impact of upcoming signals on the U.S. economy and monetary policy.
This week, we expect U.S. consumer inflation data to be released on Tuesday, which will likely factor into the Federal Reserve’s decision on interest rates on Wednesday. While the Fed is expected to keep rates steady, there is still some uncertainty because U.S. inflation is trending above the central bank’s target range.
OIL dropped 1% as Fed call this draws uncertaintity by bryandowningqln on TradingView.com
