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Federal Reserve Draws a Line on Inflation as Oil Risks Ease
The U.S. and Iran have signed a memorandum of understanding, and early signs of renewed tanker movement through the Strait of Hormuz are easing some of the worst-case fears around oil supply and gas prices.
Chuck Zodda and Mike Armstrong break down what the agreement could mean for oil flows, why faster production restarts in the Gulf could dramatically reduce summer energy risks, and why the next 60 days still matter. They also discuss Kevin Warsh’s first Fed meeting as chair, why his shorter statement and tougher inflation language signal a major communication shift, how rising core…
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