Crude oil continues to rise, and the United States is even less willing to cut interest rates.

This is not conspiracy theory; this is textbook-level inflation logic.
Oil prices are the engine of inflation. When crude oil rises, transportation becomes more expensive, raw materials cost more, and everything in supermarkets gets pricier. The Federal Reserve raises interest rates to suppress inflation. Currently, inflation hasn't dropped to 2%, and rising oil prices add fuel to the fire. How can Powell dare to loosen policy?
Therefore, if crude oil continues to surge, rate cuts will only become more distant, and there might even be further rate hikes.
Traders only watch one thing: when oil rises, the dollar strengthens; when oil falls, rate cuts become possible.
Don’t listen to those calling for rate cuts; watching the oil K-line is more reliable than listening to Fed officials’ speeches.
#原油 #Federal Reserve #降息 #Inflation Logic