[Analyst: Rising Oil Prices May Become a More Structural Driver of Inflation] Deep Tide TechFlow reports that on April 7, analysts from First Abu Dhabi Bank stated in a report that the strength of oil prices has already become—and will continue to be (at least in the short term)—a more structural driver of inflationary pressure. The analysts pointed out that inflationary pressure has led to a sell-off in interest rates as expectations for central bank rate cuts have faded. Previously, the market anticipated that the Federal Reserve would cut rates two to three times this year, but these expectations have been dismissed. LSEG data shows that the currency market currently expects U.S. policy rates to remain largely unchanged through 2026, with a very slight tightening bias. The market has even priced in more hawkish rate hike scenarios for the European Central Bank and the Bank of England by the end of this year, with increases of 74 basis points and 56 basis points, respectively. "This is largely the result of Europe's imported energy inflation," the report noted. (Jin10)