19mon MSN
Iran War could force Fed interest-rate hikes, not cuts if inflation spikes due to energy shocks
As FOMC meets, rising oil prices may push the Fed toward rate hikes this year instead of cuts, as inflation risks grow and economic outlook worsens.
Stocks rose for a second straight day. Plus, Jerome Powell is set for his penultimate meeting as Fed chair.
The Federal Reserve is expected to deliver a "hawkish hold." The Summary of Economic Projections (SEP) is anticipated to show higher inflation forecasts and a risk that the one expected 2026 rate cut ...
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