The Federal Reserve is unlikely to alter interest rates soon, as inflation moderates and the economy remains stable, according to Steve Englander of Standard Chartered. He believes muted labor costs and easing oil prices reduce the need for immediate policy shifts.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500