Neutrophils are the most common type of white blood cell, comprising about 50-70% of all white blood cells. They are phagocytic, meaning that they can ingest other cells, though they do not survive the act. Neutrophils are the first immune cells to arrive at a site of infection, through a process known as chemotaxis.
One of the basic theories stipulates that increasing interest rates raise consumers' and manufacturers' costs, which, in turn, reduces the amount of time and money people spend driving. Less people on the road translates to less demand for oil, which can cause oil prices to drop.
The market had expected oil prices to witness a downward drop in case the Fed decided to announce a hike in the interest rate. Letâs look at the implications of the Central Bankâs decision on the oil prices and the related industries. Source: Bloomberg. The market has a mixed opinion about the news.