UBS’s Falconio: Fed Rate-Hike Pressure Eases After US-Iran Strait of Hormuz Deal
2026-06-15 14:46:50
Pressure on the Federal Reserve to raise interest rates this year is easing after the US and Iran said they reached a deal to reopen the Strait of Hormuz, according to Bloomberg, citing Leslie Falconio of UBS AG. She said the move helped rein in oil prices and sparked a rally in the US Treasury market.
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