Investors increase bets on US central bank to raise rates on surging oil prices

Oil prices near $100 per barrel have investors betting on a Fed rate hike as Treasury yields hit 2025 highs, putting pressure on Bitcoin and risk

AI-driven demand, Iran war and the newly announced tariffs also call for higher rates. Read more at straitstimes.com. Read more at straitstimes.com.

Investors increase bets on US central bank to raise rates on surging oil prices

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated…