Bank of America: “If Oil Prices Continue to Remain High, the FED May Be Forced to Cut Interest Rates”

Typically, energy spikes push inflation up. With growth softening and Truflation CPI at 1%, Cut to support growth? Or hold to fight inflation that isn't really there?👀

#USDT dominance has been in this consolidation zone ranging between support and resistance on weekly timeframe for some time now as seen on the chart. Another rejection from this long term resistance will send the market flying. Expecting a drop in dominance in coming weeks that will mark the beginning of the rotation cycle. Most waited and hated bullrun is just around the corner. Get ready😎

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