Coin World News, according to an investigation by The Wall Street Journal, economists have raised their forecast for the Consumer Price Index (CPI) for December 2026 from 3.2% to 3.4%. Due to the Iran war making inflation more persistent than expected, the Federal Reserve is expected to keep interest rates between 3.5% and 3.75% by year-end, and only 15% of economists believe a rate hike is possible. During the conflict’s peak, oil prices reached $112.95, before falling to $71 after the June ceasefire.

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PartiallyMeltedIceCream
· 8h ago
15% believe a rate hike is possible, indicating that the mainstream is still betting on holding rates steady—but who can say for sure when it comes to the Iran variable?
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ToBeHonest,You'llLose
· 8h ago
Oil prices crashed from 112 to 71; supply-chain pressures have eased a lot, but CPI expectations have been raised instead—service inflation is the real stubborn holdout.
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PublicBlockchainUnderTheAurora
· 8h ago
Inflation persistence is more stubborn than expected, and hopes for the Fed to cut rates by year-end have been dashed. A 3.5%+ interest-rate environment is not good news for risk assets.
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