What War With Iran Means for Prices, Interest Rates, Supply Chains
Oil prices jumped and global stocks stumbled immediately following U.S. and Israeli strikes on Iran and Tehran’s retaliation, but economists say the war will likely not have much impact on the Federal Reserve’s upcoming interest rate decision. For now, the war that killed Iran’s supreme leader, Ayatollah Ali Khamenei, and led to disrupted traffic through the Strait of Hormuz is expected to mean higher … Read more
