U.S. BREAKING: Fed Chair Powell Holds Rates Steady Amid Iran War, Fuels Inflation Fears as Oil Surge

Breaking from the U.S. as Fed Chair Jerome Powell holds interest rates steady amid the escalating Iran war and surging oil prices. The decision reflects growing conce that energy shocks could fuel inflation and delay rate cuts. With oil markets volatile and global tensions rising, the Fed is taking a cautious stance, signaling uncertainty over economic stability as inflation risks mount across the U.S. economy.