Iran Oil Price Shock Scrambles Fed Outlook, Rate Discussions
Iran Oil Price Shock Scrambles Fed Outlook, Rate Discussions
Iran Oil Price Shock Scrambles Fed Outlook, Rate Discussions
Just over a week ago, deliberations inside the Federal Reserve looked a lot different than they do now.
The U.S. Treasury Department could announce measures as soon as Thursday to address rising energy prices.
Federal Reserve Bank of Cleveland President Beth Hammack said it was too early to gauge the economic impact of the Iran war.
A federal judge ruled that the US government must begin paying out more than $130 billion in tariff refunds to US businesses.
Fed of Minneapolis President Neel Kashkari said on Tuesday that the Iran conflict has increased uncertainty about the U.S. economic outlook.
President Trump's threat to raise global tariffs to 15% from the current 10% could kick in this week, according to Treasury Secretary Scott Bessent.