According to TheStreet, Bank of America rate strategist Ralph Axel warned on November 5 that sustained energy price increases could significantly influence the Federal Reserve's monetary policy, potentially raising household borrowing costs. If oil prices continue climbing over the next three to six months, interest rates may rise substantially as investors demand higher compensation for inflation risks.

Data shows that from the start of 2026 through November 4, two-year U.S. swap rates accumulated a 196 basis point increase on days when oil prices rose, compared to an 83 basis point decline on other days, for a net gain of 113 basis points. U.S. energy prices have already climbed 20.4% year-over-year, further intensifying inflationary pressure.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.