Expert Predicts Limited Immediate Impact on Fed Policy Despite Oil Price Surge

Saira Malik of Nuveen Investments has commented on the potential broad impact of the recent U.S.-Israel attack on Iran. According to Jin10, Malik suggests that while global markets may experience increased volatility, the long-term effects will become clearer over time. Despite the surge in oil prices potentially driving inflation higher, Malik does not foresee an immediate impact on the Federal Reserve's policy. He maintains his forecast that the Fed will cut interest rates twice this year and expects the 10-year U.S. Treasury yield to fluctuate around 4.0%.