A look at the day ahead in U.S. and global markets from Mike Dolan
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One thing Powell may want to consider, however, is the rising volatility in bond markets, where key gaugesAnd that level of policy uncertainty comes against sharply falling annual oil prices due to the base effects that compare with the Ukraine invasion period last year. Brent crude is down 30% year on year, its biggest annual decline since late 2020.shows supply chain pressures - an aggravator of goods inflation over the past couple of years - normalised last month.
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