Jet fuel transformation details, the hidden variable of energy inflation

The Federal Reserve minutes show that the consensus to maintain an accommodative stance has loosened, with several officials believing that if inflation remains above target, tightening will resume. Market expectations are for another rate hike before the end of the year, driven by ongoing conflicts in the Middle East that continue to impact energy and global supply chains. Regarding energy supply, refineries shifting to jet fuel production have led to a decline in gasoline inventories, with energy costs passing through to financial markets and pushing up U.S. Treasury yields. In the crypto market, BTC has been volatile under the influence of high interest rates and risk sentiment, with key zones reflecting liquidations of both short and long positions. BTC is increasingly becoming an indicator of global liquidity and risk appetite.