FOMC Minutes Signal Fed Rate Cuts Still Possible as Iran War Poses Dual Risks

By Boluwatife Adeyemi

FOMC Minutes Signal Fed Rate Cuts Still Possible as Iran War Poses Dual Risks

The latest FOMC minutes indicate that Federal Reserve rate cuts remain possible despite officials' wariness of the Iran war's impact on inflation and the labor market. The Fed is likely to hold rates steady in the interim while closely monitoring the situation.

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