TokyoFed hike odds jumped to two-in-three this week.
A supply shock now forces the Fed to choose between inflation and growth.
Brent crude, near $96 as of Tuesday, is up 10.4% in a month — a cost rate cuts cannot offset.
Friday’s US payrolls report will help decide whether the Fed hikes this month.
How each outlet framed it
drawn from 200+ reports worldwide
- Aol
- maps oil shock's role in preventing Fed rate cuts, flags U.S.-Iran conflict resolution as prerequisite for yield normalization
- Reuters
- Hindustan Times
- ties Brent crude to $94.87 (5-week high) and 10-year Treasury to 4.8122% (3-year high) as inflation feedback blocks Fed rate cuts
Sources: Aol, Reuters, Hindustan Times