Cooling Inflation Is Helping Rates, but Oil Is Keeping Up Pressure

Cooling Inflation Is Helping Rates, but Oil Is Keeping Up Pressure

Market Analysis: Rates near ~6.69% as 10Y near ~4.70%. Crude oil holding at ~$82/bbl keeps long-term yields cautious. #MortgageRates #RealEstate #OilPrices

Inflation seen cooling but more OCR increases still expected

ASB senior economist Mark Smith says the latest Selected Price Indexes give some comfort inflation is moderating from its 4.1% peak

Inflation Can Be Managed If Oil Stays Near US$80 - Dr. Nandalal Weerasinghe - Business News LK

Inflationary pressure should remain manageable if global oil prices stay around US$80 a barrel through the end of this year, Central Bank Governor Nandalal Weerasinghe said. However, he warned that a sharp rise in oil prices could create new pressure on the economy. “If there are any surprises, then obviously we will have a challenge,” Weerasinghe said in an interview in Sydney, Australia. The price of oil matters because higher energy costs can…