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Home›Bonds & Rates›Central Banks›Odds rise for a July Fed rate hike amid oil shock risk

Odds rise for a July Fed rate hike amid oil shock risk

CNBC links the increasing probability of a July move to higher oil prices tied to developments in the Strait of Hormuz.

Reported · Written up by our desk · Central Banks

CNBC Finance reports that the odds of a Federal Reserve rate hike in July are rising.

The outlet attributes the shift in expectations to a jump in oil prices, driven by the latest developments in the Strait of Hormuz.

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Sources

CNBC FinanceA July rate hike from the Fed? The odds are rising
CNBC FinanceA July rate hike from the Fed? The odds are rising

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