The Economic Fallout From a Potential Return to $100 Oil [DealBook]Goldman Sachs warns it could hit $120 a barrel, while Treasury Secretary Scott Bessent suggests that oil could sink to $40 or $50 if the Strait of Hormuz fully reopens. (We’d love to see it, but we aren’t holding our breath.)…. Investors are bracing for more inflation data this week that could persuade the Fed to raise its benchmark lending rate for the first time in three years. That uncertainty is roiling the bond market, just...
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