Fed Holds Rates Steady as War in Iran Upends the Economic Outlook
Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth. [Source]
Publication Date:Origin: nytimes.com
Category: US and Israeli Attack on Iran (2026)
Topics: growth, inflation, prices, energy, surging, potential, acknowledged, conflict, stemming, uncertainty, degree, emphasized, Reserve, Federal, chair, Powell, Jerome, Outlook, Economic, Upends, Steady, Rates, Holds
Source: https://www.nytimes.com/2026/03/18/business/federal-reserve-interest-rates-inflation.html