Inflation to stay sticky, Jahangir Aziz rules out Fed rate cuts in 2026

Global markets face complex risks from geopolitical tensions and fragmented oil prices. Economist Jahangir Aziz highlights that Brent crude is not the sole indicator. He believes the US Federal Reserve will not cut rates this year, with a potential hike in 2027. Persistent inflation could lead to demand destruction. Investors must look beyond surface-level signals.

from Economic Times https://ift.tt/3TEVcCv