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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > What To Expect From The Federal Reserve's Interest Rate
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Post by Tradinghands on Apr 28, 2024 6:31pm

What To Expect From The Federal Reserve's Interest Rate

Remember everyone popping corks in Jan saying that by May the FED would cut rates and billion$ flooded into the DOW? I can see that imploding as the markets now have just seen another US bank failure while the US debt is uncontrollable and the last time the US was debt free was in 1835 and we're seeing counries giving up using USD in favor of other currencies. There might not be any interest rate cuts this year unless we hit a depression. This could be a year to remember 

What To Expect From The Federal Reserve's Interest Rate Policy Meeting Wednesday (msn.com)
Comment by Marty47 on Apr 28, 2024 7:20pm
Y'a back in December they were all pump as inflation was going down but .......slowly oil creep back up and for March inflation spike at 77$ average oil price ...April will be close to 83 $ average wti so guess what , April inflation will creep higher than March , but if we get to 85 to 87 wti the fed may actually have no choice to increase the rate , but in June the opec plus may pump a bit ...more  
Comment by Cobalt on Apr 28, 2024 8:11pm
"100% of inflation is related to oil price" Bahahaha try insurance healthcare and rent thats it and the Fed cant do anything about them.
Comment by Marty47 on Apr 28, 2024 8:37pm
Y'a i mean there is so much rent and insurance can go up , once oil was 71$ in dec and it's start to creep up and the March inflation number was from oil at jan 22 jumping to 77$ now it pop in 83 average in March that jump will bump inflation in April again , yes rent and health care did went up but not as much as oil and oil up ..... a lot other stuff get impact by oil ....at this point ...more  
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