President Donald Trump has been pressuring the Federal Reserve to lower interest rates. But the Iran war and surging oil prices are complicating the economic picture, prompting the U.S. central bank to hold rates steady. #iran #oil #jeromepowell
https://www.csmonitor.com/Business/2026/0318/federal-reserve-interest-rates-trump-iran?utm_source=flipboard&utm_medium=activitypub
Posted into Now What? @now-what-csmonitor
Fed keeps interest rates on hold, cautious about the war, jobs, and oil prices
With an eye on the Iran war and rising oil prices, the Federal Reserve said it would not lower interest rates, continuing a “wait-and-see” approach.
The Christian Science Monitor