Iran war escalation puts Federal Reserve in a bind
The National · 27 Jul 2026

Iran war escalation puts Federal Reserve in a bind

Markets enter this week's Federal Reserve meeting uncertain over how the US central bank will react to surging oil prices on heightened escalations in the Iran war. Roughly 62 per cent of traders anticipate the Fed will maintain interest rates between 3.5 and 3.75 per cent for a fifth straight time


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