BUSINESSQUARTZ
Bank of America now expects three Fed rate hikes this year. A month ago it expected zero.
Bank of America revised its expectation for Federal Reserve rate hikes this year from zero to three. Brent crude oil prices fell below $80 per barrel amid a reported U.S.-Iran agreement on a potential deal roadmap.
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Adjacent reporting
- Oil prices fall to three-month low ahead of US-Iran agreement
- U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages
- Oil drops below $80 on US-Iran deal
- Oil sinks below $80 a barrel as traders bet Hormuz flows will return
- The Iran deal is signed. The Fed is eyeing a rate hike. Futures are up anyway.
- Oil prices fall on US, Iran deal announcement