US Fed expected to keep rates steady as Iran war effects ripple
The US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran's effects on energy prices and supply chains ripple through the world's largest economy.
The meeting is expected to be Jerome Powell's last as chairman of the US central bank, a term that has seen President Donald Trump frequently insult and criticize him over the last year.
On Friday, Trump's Justice Department said it was dropping -- for now -- a criminal probe into Powell over cost overr
The US Federal Reserve opened its two-day meeting on Tuesday with policymakers expected to keep interest rates steady, as the war on Iran's effects on energy prices and supply chains ripple through the world's largest economy.
The meeting is expected to be Jerome Powell's last as chairman of the US central bank, a term that has seen President Donald Trump frequently insult and criticize him over the last year.
On Friday, Trump's Justice Department said it was dropping -- for now -- a criminal probe into Powell over cost overr
1 month ago