Hormuz Shock Pushes Fed Debate Toward A Cut, Not Hike

A prolonged Strait of Hormuz disruption is increasingly shaping up as a scenario that could bring the Federal Reserve closer to a rate cut, not a hike, even as oil and broader commodity prices surge. The Fed is widely expected to leave rates unchanged at 3.50% to 3.75% on Wednesday, while the real debate has […] The post Hormuz Shock Pushes Fed Debate Toward A Cut, Not Hike appeared first on the deep dive.