‘We simply don’t know’ – JP Morgan struggling to forecast oil prices due to Trump’s war with Iran
The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.
ARCHIVE
اشخاص: Michael Race
US interest rates raised for first time in three years
Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.