Reuters
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Will summer be inflation's crunch point? | Morning Bid
Posted
May 24, 2026
Views
1,285
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49
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Engagement
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May 24, 2026
1,285
49
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4.28%
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8:00Now PlayingAs Memorial Day marks the unofficial start of summer, energy markets face a potential crunch point in June if the Strait of Hormuz blockage remains unresolved and fuel inventories keep falling. Meanwhile, U.S. PCE inflation data due this week is expected to show headline inflation moving above the Fed's current policy rate.
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