Energy Prices

Fuel Pump Nozzles at Gas Station

In April, consumer confidence fell to an unprecedented low, driven by escalating concerns regarding rising energy prices and the wider implications of the Iran war, as reported. The university’s headline index of consumer sentiment fell to 47.6, a decline of 10.7% from the March survey, marking its lowest point on record. Both the current conditions Read More

S&P Futures

Surging energy prices, rising import costs, and mounting stagflation concerns are prompting markets to contemplate that the Federal Reserve’s next action might be a rate hike. On Friday morning, traders in the futures market elevated the likelihood of a rate increase by the end of 2026 to 52%, marking the first occasion it has surpassed Read More