Barclays said that although oil prices have fallen sharply from their peak during the Iranian conflict, their inflation forecasts have worsened. The bank said in a report to clients that in recent months, the Federal Reserve's path of staying on hold and not raising interest rates this year has been drastically narrowed. However, the bank added that this is still the basic situation of the bank. Barclays said that the oil price shock came and went, but there was no inflation. The reason for this is the overall strength of the US economy. The bank added that as a result, falling oil prices could not relieve the Federal Reserve from being bothered by inflation.

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