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US holds interest rates as Iran war triggers oil shock

Mar 18, 2026Center

The US central bank is moving cautiously, despite pressure from the president to cut interest rates.

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Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

The Guardian

Mar 18, 2026

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Fed holds interest rates steady as Iran war drives up oil prices and inflation fears

Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs marketSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices.Fed officials…

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ECB and BOE Expected to Keep Interest Rates on Hold

Bloomberg

Mar 19, 2026

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ECB and BOE Expected to Keep Interest Rates on Hold

The European Central Bank and the Bank of England are both expected to keep interest rates unchanged on Thursday, as officials assess the disruption caused by the conflict in the Middle East. The ECB is expected to hold the deposit rate at 2% and the BOE’s Monetary Policy Committee is expected to keep the benchmark rate on hold at 3.75%. Bloomberg’s Jana…

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The Iran War Could Hit a Lot More Than Oil

The Dispatch

Mar 18, 2026

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The Iran War Could Hit a Lot More Than Oil

And Washington is making it worse.

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