Wednesday - September 9, 2026
Fed: Revisiting the Forecasting Potential of Futures Prices
September 04, 2026
WASHINGTON, Sept. 4 -- The Federal Reserve issued the following Fed Notes article:

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Revisiting the Forecasting Potential of Futures Prices

By Alex Haag, Colin J. Hottman, and Amanda Tinkham/1

Amid the largest global oil supply shock in history, oil futures prices moved up much less than many expected. The steep backwardation in oil futures from the Strait of Hormuz's closure sparked a spirited debate over whether futures prices were t . . .

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