'Policy mistake' is off the table for the Fed: Neuberger Berman's Kantor on possibility of rate hike

Fed Chair Jerome Powell's recent comments and oil-driven inflation are the primary focus; Charles Kantor discusses implications for Fed policy, interest rates and market behavior. Kantor emphasizes that rising oil prices are adding inflationary pressure that could affect monetary policy decisions and elevate market volatility.

Analysis

Fed Chair Jerome Powell's recent comments and oil-driven inflation are the primary focus; Charles Kantor discusses implications for Fed policy, interest rates and market behavior. Kantor emphasizes that rising oil prices are adding inflationary pressure that could affect monetary policy decisions and elevate market volatility.