Federal Reserve Meeting Expected to Maintain Interest Rates Amid Iran War Uncertainty
The Federal Reserve is expected to keep its key interest rate steady at 3.50% to 3.75% during its April meeting, as it awaits the economic impact of the Iran war. This meeting may be the last led by Fed Chair Jerome Powell, whose term ends in May. The Fed is adopting a 'wait-and-see' approach due to the conflicting economic risks posed by the war.
Topics: Economic Impact Federal Reserve Interest Rates Iran War Jerome Powell