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Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts

By Reuters April 17, 2026 Bullish
Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts
Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the U.S. Federal ​Reserve may begin cutting interest rates as soon as December, but officials ‌still face a tangled outlook ahead of their April 28-29 policy meeting.
Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the U.S. Federal ​Reserve may begin cutting interest rates as soon as December, but officials ‌still face a tangled outlook ahead of their April 28-29 policy meeting.