RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:It wouldn't put Sure the Fed wants to keep inflation contained during any Presidency. Trump wanted lower rates to continue to add stimulus to the economy showing no collusion if that is the appropriate word.
Regardless that isn't the point, the main question was the chart showing the strong correlation between the dollar and oil since early 2021 as very unusual historically. The question is who is doing that? I'm thinking the trade wouldn't be interested as their goals are profit motive and risk reduction.
A dollar that appreciates relative to rising oil prices lessens inflationary pressures. So if it is the Fed, are they meddling with markets to lessen the effects of oil on inflation? I know in past central banks have intervened to support their dollar or allowed it to decline for export trade advantages. Should that be transparent such as when they say in general that they will be buying US bonds?
What about the shorting of oil or the unexplained decline of 2% shortly after the EIA and a day before the API posts bullish oil reports?
There seems to be too much going on in the markets to suppress oil, inflation that would appear to be free market forces.