Steady Fed rates amid lingering uncertainty over Trump's Iran dealExecutive summary: The Federal Reserve kept interest rates unchanged at 3.5%‑3.75% after its first meeting under Chair Kevin Warsh, citing uncertainty linked to Trump’s Iran deal. The decision underscores how geopolitical tensions can influence monetary policy, affecting borrowing costs for businesses and investors. Federal Reserve, Chair Kevin Warsh, U.S. President Donald Trump, and markets reacting to Iran‑related uncertainty Markets will watch forthcoming economic data and Fed statements to gauge whether rates will rise later in 2026The Federal Reserve kept its target range for the federal funds rate at 3.5% to 3.75% following the first policy meeting of new Chair Kevin Warsh. The decision reflects the central bank’s response to persistent inflation concerns and heightened geopolitical uncertainty stemming from ongoing tensions related to the Trump administration’s Iran policy. No change in rates was made, but the Fed signaled that future adjustments will depend on evolving economic data. The move was unanimous among the Board.Connected developmentsFed projects 2026 rate hike amid unchanged current stanceOpen the full case file on Beyond →
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