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WTI Braces for Volatility as Pimco Projects Hawkish Fed Rate Path

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Pimco expects the Federal Reserve to deliver a 25 basis point rate hike this week, with further tightening possible due to sticky inflation and Middle East instability.
  • However, continued inflation improvements could halt subsequent hikes.
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Stored market data

WTI price history

103.59 +71.68% over the displayed period

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