Gas prices are lower, but for the Fed and consumers, commodities still control inflation's future - CNBC
7/25/2022 12:00:00 AM3 years 7 months ago
by Tim Mullaney
by Tim Mullaney
The Federal Reserve is expected to raise interest rates by 75 basis points. Lower oil prices have provided relief in the inflation outlook, but that can change.
Not many people understand commodities markets, but as the Federal Reserve decides just how much to raise interest rates, commodity prices have a lot to do with today's high inflation and the rate hi… [+7144 chars]
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