Oil prices climb amid questions over scale of US rate hike - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Thursday, 14 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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