Fed, Iran war and interest rate
Digest more
The Fed is widely expected to hold interest rates steady this week. But its new forecast will hint at where savings and CD yields may be headed later this year.
WASHINGTON, March 16 (Reuters) - U.S. Federal Reserve officials, their policy outlook roiled by a war that has stranded a fifth of global oil supply, meet this week to debate whether the Iran conflict is more likely to disrupt economic growth,
28mon MSN
Former Fed insiders issue stark warning on U.S. economy due to Iran War impact on jobs, prices
A survey of former Federal Reserve officials sees higher inflation and unemployment ahead as the Iran war and rising oil prices complicate monetary policy.
Americans’ attempts to tap new credit rose to their highest level in nearly four years as of February, ‌new data from the Federal Reserve Bank of New York released on Monday ‌said. The bank said, as part of its latest Survey of Consumer Expectations Credit Access report,
The real question for the Fed meeting is how officials are thinking about the Iran war and its effect on inflation.
The decision potentially clears the path for Trump's nominee to replace Powell as Fed chair, former Fed Gov. Kevin Warsh.
The worst global oil crisis in decades could become a major problem for the Federal Reserve, whose policymakers meet this week to determine the next moves for the US economy.
WASHINGTON, March 16 (Reuters) - President Donald Trump's administration has asked a judge to reconsider his ruling that has effectively blocked a criminal investigation into U.S. Federal Reserve Chair Jerome Powell,