Oil, gold and the US dollar are surging. Here’s why that could derail the Fed’s rate-cut outlook
Oil, gold and the US dollar are surging. Here’s why that could derail the Fed’s rate-cut outlook
From msn.com
A global economic recovery is fueling a blistering commodities rally in 2024 — threatening to derail the Federal Reserve’s efforts to curb inflation and potentially clouding its path to cutting interest rates by mid-year, according to market strategists. From oil and gasoline to gold and silver, commodities have started the year on a high note, with some surging to levels not …