Middle East conflict threatens to exacerbate inflationary pressure on some things

If prices go up, Fed officials may be inclined to raise its benchmark rate, raising borrowing costs for businesses and consumers. That could lead to businesses to cut jobs, particularly in the ... Read More

Middle East tensions complicate Fed’s rate cuts

The attacks in the Middle East could make it harder for the Fed to cut rates. Federal Reserve Chair Jerome Powell recently spoke at a conference where the potential impacts of President Donald Trump’s ... Read More

Fed set to hold rates steady as Middle East crisis, tariffs cloud outlook

The Federal Reserve is expected to keep interest rates unchanged on Wednesday as its policymakers assess signs of a cooling economy and the risk of higher inflation from U.S. import tariffs and the ... Read More

Economy Could See 1970s-Style Oil Price Shock Amid Iran Conflict: Nouriel Roubini - Markets Insider

The world economy could see a repeat of the 70s oil shocks, Nouriel Roubini said. The "Dr. Doom" economist said crude prices could spike if Israel and Iran go to war. Roubini has previously warned ... Read More

America’s economy could face a war shock | CNN Business

As if a global trade war wasn’t enough for businesses and consumers to contend with, it’s looking increasingly like the Israel-Iran conflict could reach the brink of a full-blown war. While ... Read More

Unrest in the Middle East threatens to send some prices higher - Boston Herald

Israel’s attack on Iran has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Read More

The US economy faces a new threat | CNN Business

That’s why some economists are pleading with the Fed to ease up its inflation fight—before high interest rates, which it’s used to tame surging prices, grind the US economy into a recession. Read More

The attacks in the Middle East could make it harder for the Fed to cut rates - AOL

But Fed officials have stood pat, waiting to see how his administration’s sweeping policy changes affect the economy first. The attacks in the Middle East could make it harder for the Fed to cut ... Read More

What an Escalating Middle East Conflict Could Mean for the Global Economy

The N.B.A. sees the Middle East as a critical market. It says there are 15.6 million N.B.A. fans in the region, more than for any other American league, and it expects the sports industry there to ... Read More

Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say - Business Insider

The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of economic woes in China, economists say. Business Insider Subscribe Newsletters ... Read More

Powell: With Strong US Economy, Fed Has 'No Need To Be In A Hurry To Lower Rates' - Benzinga

Powell signals no rush to cut rates, cites strong U.S. economic performance. Inflation not yet at 2% target. Fed remains committed to “finishing the job.” Get ahead of Wall Street reactions ... Read More

The attacks in the Middle East could make it harder for the Fed to cut rates | KRDO

The Fed, for now, has time to wait before cutting rates again for one key reason: the resilience of the US labor market. In May, employers added a better-than-expected 139,000 jobs as the ... Read More