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Markets & FOMC Focusing on "Negative Consequences" in Oil's Inflation Shock
Description
Charles Schwab's Collin Martin talks about the "negative consequences" from the U.S.-Iran War taking up the oxygen of market discussions. He believes crude volatility will keep the FOMC on hold for the foreseeable future as financial conditions tighten. As Collin says, even though "we're in a very different situation than we were four years ago" economically, he highlights potential for interest rate hikes to reenter the Fed's plans.
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