US investors await Fed rate outlook as Iran war keeps markets on edge
Gulf Times
US investors await Fed rate outlook as Iran war keeps markets on edge
Investors will seek clarity in the coming week on how much the Middle East conflict is complicating expectations for interest-rate cuts this year, as they brace for developments in the Iran war that could rattle markets. US Federal Reserve policymakers meet for the first time since the US and Israel began air strikes on Iran about two weeks ago, setting off a surge in oil prices that has reverberated across assets. Fed members will grapple in their two-day meeting with questions about the energy shock's impact on inflation and economic growth. The central bank will release economic projections on Wednesday. Markets are now pricing in tempered hopes for rate cuts in the wake of the conflict, even as expected cuts have been a key source of optimism for bullish stock investors this year.
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