The conflict has caused a spike in oil prices, reaching around 74 USD per barrel. Economists worry this rise could force the Federal Reserve into a more cautious approach on rate cuts, potentially delaying them until 2026 due to inflationary pressures.
US intelligence reports contradict Israeli assertions about Iran’s nuclear ambitions, indicating Iran is several years away from developing a nuclear weapon. This discrepancy highlights the complex geopolitical dynamics affecting the Fed’s monetary policy and the broader market.
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