US Fed on 'knife edge' as oil prices heap pressure on inflation risk
The National — Business
thenationalnews.com
Summary
Traders expect the US Federal Reserve to raise interest rates this week to clamp down on energy-induced inflation driven by the Iran war. Nearly 90 per cent of traders believe the US central bank will raise interest rates by 25 basis points on Wednesday, snapping a nine-month holding pattern, CME…
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