Global markets are experiencing a volatile week. US stock futures and Asian shares are down. Oil prices are rising again due to Middle East tensions. This is impacting inflation expectations and the US Federal Reserve’s plans for interest rate cuts. Investors are closely watching energy markets and the private credit sector for further clues.
Rate cuts unlikely in near term as inflation stays sticky: Richard Harris
Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more