I would like to share a few things.
1) The Cut from OPEC+ is one of extreme importance- Reason Being- If prices of OIL start to rise again, this will have negative impact on US with the fight for Inflation.
2) The Fed fights inflation by increasing interest rates- If OIL prices surge over 100$ again, they will have to raise rates.
3) IF IF the FED decides to raise more rates- it puts the regional Banks in US under extreme pressures as they will not be able to pay payments.
The US now has to come up with a creative solution otherwise the risks for Stagflation will be increased massively.
1) The Cut from OPEC+ is one of extreme importance- Reason Being- If prices of OIL start to rise again, this will have negative impact on US with the fight for Inflation.
2) The Fed fights inflation by increasing interest rates- If OIL prices surge over 100$ again, they will have to raise rates.
3) IF IF the FED decides to raise more rates- it puts the regional Banks in US under extreme pressures as they will not be able to pay payments.
The US now has to come up with a creative solution otherwise the risks for Stagflation will be increased massively.