The world may once again face rising inflation, and the trigger this time is geopolitics and oil. The price has already risen above $100, and the main question now is not the increase itself, but how long it will stay at these levels.

For the Fed meeting next week, this means one thing: the rate will most likely remain unchanged.

If expensive oil lingers for a long time, it could reignite inflation, so it is easier for the regulator to take a pause and see how the situation will develop.