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The Federal Reserve is concerned about inflationary pressures caused by oil prices, while traders use CME data to bet on future Fed rate hikes.

3 reports, 2 independent Updated Jul 7
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Reports
3
Developments
2
Repetition
33%

New informationRepeats or wire copies

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What happened

Some supportReported by 2 outlets

The Federal Reserve is concerned about inflationary pressures caused by oil prices, while traders use CME data to bet on future Fed rate hikes.

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What this event is mainly about

How it developed

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  1. Analyst recommends buying CME stock amid market pricing of Fed rate uncertainty.1 source
  2. FED monitors oil market trends and market bets on rate hikes via CME data.1 source

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1 more outlet ran the same wire story