Wednesday, April 03, 2024 5:32:00 PM
The problem with a perceived increase in commodity prices is that means the Fed can't start cutting rates, like the Street expects them to do. Higher inflation means no rate cuts and that will be a very big problem for the Banksters. They need to cut rates to bring down the interest payments being made on all that debt we have. That can't go on indefinitely.
https://www.marketwatch.com/story/why-oil-gold-and-the-dollar-are-all-surging-and-why-that-could-cloud-the-feds-rate-cut-outlook-3105de14?mod=home-page
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