Macro Pulse U.S.: Higher Rates and Diesel Prices Fail to Dent Growth
Diesel prices have moved sharply higher while Treasury yields remain elevated, yet economic growth is projected to remain relatively strong—a combination that keeps inflation and margin risks in focus rather than raising concerns about growth.
In the latest 3 Things in Credit, KBRA’s Chief Markets Strategist Van Hesser discusses J.B. Hunt’s inflation warning, the broader rise in commodity prices, and why the Federal Reserve’s latest rate hike may matter less for credit than the reason behind it.
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