Oil prices rose as the U.S.-Iran conflict pushed up energy markets, while the dollar weakened but remained near an overnight one-week high. According to ChainCatcher, Deutsche Bank analysts said higher prices for oil, natural gas, and other commodities have increased near-term inflation expectations.
Against that backdrop, investors have repriced expectations for a Federal Reserve rate hike, and the market is again speculating that the Fed could raise rates next week.
Rising Oil Prices Lift Inflation Expectations as Markets Reprice Fed Hike Odds
2026-07-22 07:13:41
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