WS #12752
Fed expected to hold rates at 3.50-3.75% on July 28-29, but market pricing for a hike rises to 38%; JPMorgan warns El Niño + oil shock could add 0.3pp to global inflation.
Fed Rate Decision & Oil Price Impact on Inflation
Fed expected to hold rates at 3.50-3.75% on July 28-29, but market pricing for a hike rises to 38%; JPMorgan warns El Niño + oil shock could add 0.3pp to global inflation.