The Wall Street Times

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Oil Price Shock Reshapes Fed Rate Cut Outlook as Inflation Expectations Climb

Oil Price Shock Reshapes Fed Rate Cut Outlook as Inflation Expectations Climb

The Federal Reserve is now expected to delay interest rate cuts until at least September 2026 as rising oil prices and a new conflict in the Middle East drive inflation higher. Major banks like Goldman Sachs have pushed back their predictions because the cost of crude oil, which recently topped $100 per barrel, is making it much harder

G7 Prepares 'Necessary Measures' as Brent Crude Hits $120 a Barrel

G7 Prepares ‘Necessary Measures’ as Brent Crude Hits $120 a Barrel

G7 finance ministers have signaled a coordinated readiness to intervene in global energy markets following a surge that pushed Brent crude toward $120 per barrel, though they have stopped short of an immediate release of strategic petroleum reserves. During an emergency virtual meeting on March 10, 2026, officials from the United States, United Kingdom, France, Germany, Italy, Canada,

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