Oil prices climb amid questions over scale of US rate hike - Business News, Finance News, Share Market News - Market trendz

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Friday 15 July 2022

Oil prices climb amid questions over scale of US rate hike

The Fed's most hawkish policymakers on Thursday said they favoured another 75-basis-point interest rate increase at the U.S. central bank's policy meeting this month, not the bigger rate raise that traders had raced to price in after a report Wednesday showed inflation was accelerating.

from Commodities-Markets-Economic Times
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