viewProactive Group

London Finance Show: ‘Oil prices key to future US rate hikes’

Market commentator Matt Brown reckons US inflation could edge higher in coming months if oil prices recover which could trigger another interest rate hike at some point soon.

For the time being though, he thinks Fed policymakers will be happy to stick rather than twist.

“A lot of members are now looking at the lower inflation numbers coming out of the US and saying, ‘look, we can’t be raising rates in a low inflation environment,” he explains in the London Finance show.

As for his ones to watch, Brown picks out B&Q owner Kingfisher PLC (LON:KGF) and AIM-quoted Seeing Machines Limited (LON:SEE).

There’s also a look at currencies and City broker Peel Hunt’s upgrade of Card Factory PLC (LON:CARD).

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: Alloy Resources to acquire Dingo with two projects in...

Alloy Resources Ltd (ASX:AYR) executive chairman Andy Viner updates Proactive on the strategic acquisition of unlisted Dingo Resources to enhance the company’s WA assets. The deal includes two highly prospective projects in two areas attracting strong interest – the Morgan Range nickel-copper...

1 hour, 6 minutes ago

2 min read