Rising oil prices complicate how long the Fed can treat inflation as temporary
WSJ reports rising oil prices are forcing central banks to decide how long the Iran war’s inflation impact can be treated as temporary; investors increasingly think the Federal Reserve’s window is ending.
By Nick TimiraosRising oil prices are forcing central banks to decide how long they can treat the Iran war's effect on inflation as temporary.
For the Federal Reserve, investors increasingly think the answer is not much longer.Treasury yields have climbed alongside crude prices in recent days, with…