🚨 As of now, some people still dismiss the possibility of raising the Fed rate—it's hard to believe 🤔
But US oil has surpassed $105 per barrel and hit its highest level since May. And with the Iran crisis continuing, pressure on inflation is increasing even more.
Honestly, the Fed is facing a real problem now: inflation is rising, bond yields are putting pressure, and the labor market is still holding up.
More than a month I’ve been warning about the rate-hike scenario, and now the hour of truth is approaching.
#FedRateWatch
But US oil has surpassed $105 per barrel and hit its highest level since May. And with the Iran crisis continuing, pressure on inflation is increasing even more.
Honestly, the Fed is facing a real problem now: inflation is rising, bond yields are putting pressure, and the labor market is still holding up.
More than a month I’ve been warning about the rate-hike scenario, and now the hour of truth is approaching.
#FedRateWatch
