Geopolitical Escalation and Sticky Inflation Reinforce Caution as Fed Holds; Dollar Firms Amid Market Repricing
Global markets enter a period of elevated caution as the United States weighs the potential for direct military engagement with Iran while the Federal Reserve signals concern over persistent inflation and tariff-linked uncertainty. The Fed held rates steady, but Chair Jerome Powell acknowledged that inflation pressures remain elevated, complicating the central bank’s path forward. With […]