Powell says risks to economy suggest rates could go lower or higher

Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be. Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.

Key takeaways

Quick scan — what you need to know:

• Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
• Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects”
• of the Iran war will be. Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know
• what the economic effects” of the Iran war will be.

Background

What led here, in plain terms:

• ecision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects” of the Iran war will be.
• Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know what the economic effects”
• of the Iran war will be. Powell said the Fed isn’t facing an imminent decision on what to do with rates because “we don’t know