Oil prices and October Fed rate-hike odds amid the Iran war
A September 28 post says Brent was above $106 a barrel, up roughly 17% that month, while markets priced roughly a 65% chance of a Fed rate hike in October.
TLDR
A September 28 post citing Reuters and CNBC says Brent was above $106 a barrel, diesel prices had hit record highs, and markets priced roughly a 65% chance of an October Fed rate hike. The post argues that war-driven energy disruptions could raise inflation expectations and put pressure on the Fed to hike rates.
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