Fed and BoC maintain rates amid rising energy prices
pre-market1 source ↓written by the desknot a recommendation
- prices surged
- 3%
- with WTI reaching
- $100/barrel
The U.S. Federal Reserve and Bank of Canada maintained interest rates, with the Fed holding steady amid rising energy prices due to the Iran conflict. Oil prices surged over 3%, with WTI reaching $100/barrel. Both banks remain cautious of inflation risks from sustained high energy costs. ⚡
Not investment advice. For informational purposes only.