Wall Street Expects Inflation to Ease Despite Oil Above $90
Wall Street analysts expect inflation to ease even as crude oil prices remain above $90 per barrel. Consumer prices rose 3.7% annually in September, driven by soaring gas prices. U.S. stock futures fell amid concerns that persistent inflation could prompt further Federal Reserve interest rate hikes. The S&P 500 ended its longest calm streak since 2020, dropping 1.1%, while the Nasdaq slid 1.6%.
Crude Oil Prices Today | OilPrice.com·


