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Oil’s Plunge Below $80 Is Already Reshaping the Fed’s Rate Path, Says Apollo’s Torsten Slok
Key takeaways
- Warsh s deliberate refusal to provide forward guidance was instantly vindicated when oil prices moved sharply the very next day after the FOMC meeting.
- JPMorgan entered 2026 pricing 80 basis points of cuts, an assumption Slok says now looks brittle as the rate path shifts in 48-hour cycles.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Apollo Global Management didn t make the cut.
Oil’s Plunge Below $80 Is Already Reshaping the Fed’s Rate Path, Says Apollo’s Torsten Slok Omor Ibne Ehsan Tue, June 23, 2026 at 12:42 AM GMT+7 5 min read APO CL=F APO-PA JPM NVDA Quick Read Apollo s Torsten Slok argues oil s 22% two-month drop below $80 already undercuts the Fed s hawkish dot plot, released just 24 hours earlier.
Warsh s deliberate refusal to provide forward guidance was instantly vindicated when oil prices moved sharply the very next day after the FOMC meeting.
JPMorgan entered 2026 pricing 80 basis points of cuts, an assumption Slok says now looks brittle as the rate path shifts in 48-hour cycles.
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