Federal Reserve officials are likely to keep interest rates steady next week. The ongoing US-Israel war on Iran is creating market uncertainty and impacting oil prices. Recent economic figures also indicate a slowdown. Policymakers face a challenge balancing inflation concerns with employment figures. Traders are adjusting expectations for rate cuts.
Oil Price Today (March 16): Crude oil gains 1%, above $100 on Trump’s latest threat to Iran. Here’s why
Crude oil prices surged past $100 per barrel as President Trump warned Iran that its vital Kharg Island oil hub could be targeted, sparking fears