Reported 1 day ago
A prolonged conflict between Israel and Iran could lead to earlier interest rate cuts by the Federal Reserve, according to Wall Street analysts. They suggest that sustained oil price increases due to the conflict might harm economic growth and the labor market more than inflation itself, prompting the Fed to consider a dovish stance. Recent fluctuations in oil prices reflect ongoing tensions, and while forecasts indicate possible rate cuts by December, analysts warn that persistent high oil prices could delay these cuts until early 2026.
Source: YAHOO