TD Securities: Rising oil prices will complicate the Federal Reserve's rate cuts

ChainCatcher reports that, according to Jinshi, a Deutsche Bank strategist stated in a report that Fed rate cuts will become “complicated.” They pointed out that a 25% increase in WTI crude oil prices would roughly correspond to a 0.5 percentage point rise in overall CPI. The strategist said that if inflation remains sticky and economic growth stays resilient, it could delay the Fed’s easing measures, but the threshold for rate hikes remains high. LSEG data shows that the currency market currently expects the Fed to cut rates by 41 basis points this year.

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