HomeMarketsU.S. Economy & JobsHigh Oil Prices Could Keep Inflation Up

High Oil Prices Could Keep Inflation Up

Despite evidence that economic growth is beginning to slow, the Fed isn’t close to cutting rates, notes Greg McBride. He talks about how until inflation begins to cooperate, expect a continued ‘wait and see’ attitude from the Fed. He goes over how high oil prices could keep inflation at elevated levels in the months ahead. Tune in to find out more about the stock market today.

Trading 360

30 Apr 2024

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