Will interest-rate cuts turbocharge oil prices?
As policymakers prepare to ease policy, traders (and presidential candidates) hold their breath
When commodity prices move in tandem, it is usually because real-world events jolt markets. China is the world’s biggest consumer of raw materials, so its economic leaps and stumbles matter. Russia’s invasion of Ukraine hindered the trade of fuels and grains, causing prices to surge. But every once in a while it is news in the financial sphere that prompts traders to act. And the most common source of such news is America’s Federal Reserve.
This article appeared in the Finance & economics section of the print edition under the headline “Golden moment”
Finance & economics September 7th 2024
- China is suffering from a crisis of confidence
- As stock prices fall, investors prepare for an autumn chill
- Will interest-rate cuts turbocharge oil prices?
- American office delinquencies are shooting up
- Has social media broken the stockmarket?
- America has a huge deficit. Which candidate would make it worse?
- Why Oasis fans should welcome price-gouging
From the September 7th 2024 edition
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