Markets now see the Fed’s next move as a potential rate hike as inflation fears mount

 The markets are quickly changing experts' expectations on the Federal Reserve due to the anticipation of rising inflation. The oil prices have now reached over $90 a barrel, adding pressure to other costs throughout the economy, making it even more difficult for inflation to return to 2%. The result of this is that traders are expecting another rate increase. Energy prices at the moment are proving the chance of the Federal Reserve keeping interest rates high or even increasing them more for now.