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Stock impact report

The bond market is helping resolve the Fed's interest rate dilemma [Yahoo! Finance Canada]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
has sent oil prices spiking more than 50% and raised expectations of higher inflation in the next few months. Meanwhile, markets have already priced in a rate hike. In the first month of the war, global short- and long-term government bond yields have risen significantly, as bond markets have been repricing them to reflect the rapidly changing outlook for higher inflation. “The unprecedented oil-supply shock caused by war in the Middle East has crushed investors' former expectations for subdued inflation and dovish central banks' actions,” Ed Yardeni, president and chief investment strategist of Yardeni Research, wrote in a research note. Read more: How oil price shocks ripple through your wallet, from gas to groceries Fed Chair Jerome Powell said this week that the central bank has traditionally looked through oil price shocks and not taken action, but policymakers can't ignore that the increase in oil prices comes amid inflation that has remained above the Fed's 2% goal for Show less Read more
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