Yahoo Finance | EN590 Commodities
EN590 Commodities GroupUrea / Fertilizer · 2026-05-12T02:33:00.000Z
BofA Global Researchisthe latest brokeragetorevise its Federal Reserverate-cut forecastto much later dates, citing elevatedinflationdue to high energy prices and growing strength in the labor market. BofA Global Research now expects the Fed to remain on hold for the rest of this year, with two quarter-point cuts inJuly and September 2027. A host of global brokerages have recast their projections for Fed rate cuts in 2026, split between some easing and no cuts at all,Reutersreported. This comes as the 11-week Iran war pushed energy prices higher and left policymakers cautious about inflation risks. The Fed heldthe benchmark Federal Funds Rate steady at 3.50% to 3.75% at its April 29 meeting in an unusually divisive 8–4 vote, the closest since 1992. “The data simplydon’t warrant cuts t
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA — serving 75+ countries. Products: EN590 Diesel · Crude Oil · Jet Fuel · Mazut · Bitumen · Sulphur 99.5% · Urea 46% · NPK Fertilizers.
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