Remove Argentina Remove Chicago Remove New York Remove Price
article thumbnail

The Fed Is Driving Down Oil Prices

Green Car Congress

Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a new high for the year. The greenback has “a little room to run,” Kathy Jones, a New York-based chief fixed-income strategist at Charles Schwab, said in a Bloomberg interview. “We But the U.S. dollar cannot be discounted.