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Oil windfall — with a catch

Just as markets were getting used to a US Federal Reserve (Fed) easing cycle, the narrative has been turned on its head.

The Star MalaysiaKIRENNESH NAIR查看原文 ↗
石油暴利——但并非没有代价

JUST as markets were getting used to a US Federal Reserve (Fed) easing cycle, the narrative has been turned on its head.

The Fed embarked on an easing cycle in September 2024, cutting rates by 100 basis points (bps) that year and another 75 bps in 2025 to 3.5% to 3.75%.

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Oil windfall — with a catch

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