Will summer be inflation's crunch point? | Morning Bid
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As Memorial Day marks the unofficial start of summer, energy markets face a potential crunch point in June if the Strait of Hormuz blockage remains unresolved and fuel inventories keep falling. Meanwhile, U.S. PCE inflation data due this week is expected to show headline inflation moving above the Fed's current policy rate. #news #Reuters #Newsfeed Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow
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