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Yet with the sudden escalation in the Israel-Iran conflict and subsequent spike in oil prices, Fed chief Jerome Powell now appears unintentionally prescient for standing pat.
President Trump told reporters this week that he would send letters to trading partners in the next week or two setting unilateral tariff rates. “At a certain point, we’re just going to send letters ...
The question now is whether an inflation spike is still on the way, how Fed officials might react to this, and whether they'll need to keep rates at current levels for longer or cut borrowing costs as ...
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TipRanks on MSNPowell Faces Tough Fed Call as Oil Surges and Middle East Conflict EscalatesThe upcoming Fed meeting is garnering more attention following the surge in oil prices and the escalation of tensions in the ...
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