With crude oil prices trading at their lowest level since 2008, investors are wondering if next week's Fed meeting will send them spiraling out of control.
If the Fed decides to raise interest rates, prices could crash to new lows.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
With crude oil prices trading at their lowest level since 2008, investors are wondering if next week's Fed meeting will send them spiraling out of control.
If the Fed decides to raise interest rates, prices could crash to new lows.
Here's why an interest rate hike won't send oil to apocalyptic lows...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
With crude oil prices trading at their lowest level since 2008, investors are wondering if next week's Fed meeting will send them spiraling out of control.
If the Fed decides to raise interest rates, prices could crash to new lows.
Here's why an interest rate hike won't send oil to apocalyptic lows...
By Diane Alter, Contributing Writer, Money Morning -
The U.S. Federal Reserve released minutes from its October meeting today at 2 p.m., and markets scoured the report for any clues about a December rate hike.
After today's Fed minutes release, a December rate hike is clearly on the table.