Bank of America Warns Fed Could Raise Rates Amid Iran Oil Shock
TLDR Bank of America warned a Fed rate hike is possible if the Iran war drives oil prices above $80 Markets now price a 25% chance of a rate hike by December, up from near zero five days ago Fed Chair Powell said rate cuts are unlikely without inflation progress Bitcoin is struggling to hold […] The post Bank of America Warns Fed Could Raise Rates Amid Iran Oil Shock appeared…
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