Oil at $85.32 spooks Fed: 3 dissents signal rate hikes could return
Crude oil's spike above $85 is reigniting Fed hawkishness, with three policymakers already voting for an immediate hike. ICICI Bank warns that sustained energy inflation could force the FOMC to resume tightening later this year, upending market expectations for a prolonged pause.
Source: newzealandstar.com · newkerala.com