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Surprise OPEC Move Starts April With a Bang. What the Fed Does Next.

Por: MarketWatch Business April 03, 2023

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The , on top of those announced in October, come after oil prices dipped in March amid the banking stress and fears over the economic outlook. Newsletter Sign-up Unsurprisingly, to start the quarter’s first trading day. The odds of another 25 basis-point hike by the Federal Reserve next month have also risen to around 60%, from less than 50% on Friday, according to the CME’s FedWatch tool. Treasury yields were also on the rise. That’s... + full article



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