Four Dissents, $126 Oil, and 3.2%
The week ending May 1, 2026, was characterized by a confluence of hawkish central bank holds, persistent inflation data, and elevated geopolitical risk premiums stemming from the ongoing Middle East conflict. The Federal Reserve maintained its benchmark rate at 3.50%-3.75%, though a notable four dissents underscored internal divisions regarding the policy path [1]. Meanwhile, the European Central ...
Read Full Article