Geopolitical tensions in Iran, potentially disrupting oil supplies and raising energy prices, could prompt the Federal Reserve to delay interest-rate cuts and even consider hikes. This development complicates the Fed’s efforts to curb inflation, with experts suggesting a more hawkish stance might be necessary globally.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend
October 1, 2026