Commodity Inflation may be on way down. So FED maybe can release upward pressure on the interest rate.
Look at metal prices of CU, FE, Zn, Tin, Al all are way below 23 Feb prices
Soya bean, palm oil, potates below 23 feb prices
wheat and corn about same price
Oil price is below
Only Gas, coal, heating oil and Uranium are up. All related to Winter N Ukraine War.
Even Sunflower Oil, which Ukraine is a big exporter is also down 12% from 23 feb price
Only Rice is up
DYOR
Commodity Inflation may be on way down. So FED maybe can release...
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