Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Oil hits five-month highs, stoking Fed December rate hike expectations

Prices advanced last week on Middle East tensions, with cross market impacts on currencies and inflation outlooks as of 25 October 2026

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As of 2026-10-25 20:32 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Oil prices reached five month highs last week, driving market expectations for a Federal Reserve interest rate hike in December. [1]