Fed Chair Jerome Powell Warns of Economic Uncertainty Amid Geopolitical Tensions
Federal Reserve Chair Jerome Powell highlighted economic uncertainty and the worsening impact of the Iran conflict during his final press conference. JPMorgan Chase strategists predict the Fed may shift to rate hikes in Q3 2027, which could affect market valuations. The S&P 500 has rebounded to record highs, but concerns over inflation, oil prices, and geopolitical tensions remain.
Topics: economic outlook Federal Reserve geopolitical tensions interest rates S&P 500