Diesel Prices Keep Pressure on Fed and Markets
Why now
Thesis: Rate hike amid sticky inflation tightens financial conditions.
Catalyst to watch: Further rate hikes.
Main risk: Pressure on equity multiples.
Why it matters
A rate hike amid sticky inflation tightens financial conditions and pressures equity multiples.
Details
The Federal Reserve unanimously raised its benchmark rate by a quarter point as policymakers confront inflation that remains above target and uncertainty tied to geopolitical developments. Merrill and Bank of America Head of CIO Market Strategy Joe Quinlan tells Bloomberg This Weekend hosts David Gu
Sources
- youtube · 2026-09-19 13:39 UTC