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By Rodrigo Santos Andrade
Will summer be inflation’s crunch point? | Morning Bid
visibility comment0 event May 24, 2026 timer 07:00
As Memorial Day marks the unofficial start of summer, energy markets face a potential crunch point in June if the Strait of Hormuz blockage remains unresolved and fuel inventories keep falling. Meanwhile, U.S. PCE inflation data due this week is expected to show headline inflation moving above the Fed’s current policy rate.
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