Bloomberg Television
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Oil’s Inflation Impact is a Headache for the Fed | Presented by CME Group
Posted
July 20, 2026
Views
1,021
Likes
20
Engagement
1.96%
July 20, 2026
1,021
20
1.96%
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1:46Now PlayingUS inflation eased to 3.5% in June from its May peak of 4.2%, seemingly cooled by a sharp retreat in oil prices. But with renewed conflict around the Strait of Hormuz pushing crude higher again, the inflation outlook—and the Fed’s appropriate rate response—remain far from settled. Presented by @cmegroup
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