US Interest rate hike risks rise as oil spikes
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Is cooling US inflation a sign of easing monetary policy, or will rising oil prices trigger another interest rate hike? In this episode of the STANLIB Economic Outlook, Chief Economist Kevin Lings breaks down the latest global macro shifts shaping investment markets.
We analyze the sharp drop in US Consumer Price Index (CPI) inflation to 3.5% y/y in June—driven by lower fuel costs and reduced import duties—and examine China’s Q2 GDP growth performance of 4.3% y/y. Kevin also weighs in on the risks posed by Brent crude pushing past $80/bbl and what it means for US Federal Reserve rate decisions and broader market volatility.
STANLIB is an authorised Financial Services Provider in terms of FAIS and a registered manager in terms of CISCA.
We analyze the sharp drop in US Consumer Price Index (CPI) inflation to 3.5% y/y in June—driven by lower fuel costs and reduced import duties—and examine China’s Q2 GDP growth performance of 4.3% y/y. Kevin also weighs in on the risks posed by Brent crude pushing past $80/bbl and what it means for US Federal Reserve rate decisions and broader market volatility.
STANLIB is an authorised Financial Services Provider in terms of FAIS and a registered manager in terms of CISCA.
