Markets move to price in rate hikes as inflation fears and geopolitics reshape Fed expectations

Markets move to price in rate hikes as inflation fears and geopolitics reshape Fed expectations

Middle East tensions have driven divergences across asset markets as oil stays elevated and traditional safe havens falter.

A "180" hardly does justice to the recent shift in market expectations regarding central bank monetary policy. Expecting multiple Federal Reserve rate cuts in 2026 just weeks ago, markets have serio… [+2455 chars]