Oil Shock Threatens Fed Rate Cuts
Treasury yields are climbing as war fears rattle markets and push rate-cut hopes further out. David Dindi, CEO of Atomic Invest, says a shutdown of the Strait of Hormuz could...
By Bloomberg Markets · Bloomberg Markets
Treasury yields are climbing as war fears rattle markets and push rate-cut hopes further out. David Dindi, CEO of Atomic Invest, says a shutdown of the Strait of Hormuz could keep inflation elevated if the conflict drags on longer than investors expect, impacting oil prices and the Fed’s path forward. (Source: Bloomberg)