Fed Expected to Remain on Hold, Rather Than Hiking -- Market Talk
Dow Jones03-24 23:59
1159 ET - It doesn't take a very big jump on oil prices to push U.S. inflation further away from the Fed's 2% target, Franklin Templeton's Sonal Desai says. She estimates that if crude prices were to stay at around $85 a barrel for a period of time, it would push headline inflation closer to 4% than to 3%. Desai expects the Fed to stay put this year and doesn't see an interest rate increase as likely. WTI is trading up 4%, to $92 a barrel. Futures markets price high odds of a prolonged Fed hold, with a hike more likely than a cut, according to LSEG. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
March 24, 2026 11:59 ET (15:59 GMT)
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