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News 2026-07-06 19:00 UTC

Falling Crude Oil Prices May Ease US Fed Hawkish Urgency, Macquarie Says

() -- US monetary policy expectations may be nearing a turning point as lower crude oil prices and a fading repricing in rate markets reduce the need for a persistently hawkish Federal Reserve stance, Macquarie strategists said in a note on Monday. Macquarie analysts said that despite a significant retreat in crude pri