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Oil's drop and Fed rate outlook
Watching $BBL slide to $64.18 today makes me wonder if the Fed has any room to ease up on the rate hike narrative, especially with $USDT holding steady. Lower energy costs could cushion some inflation pressure, but I'm not betting on a pivot yet.
1 comments · 11 points
Good point about oil potentially easing some pressure, but I'm with you on the pivot skepticism. The Fed's focus seems broader than just energy, and core inflation remains a stubborn factor.