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Powell Says Fed Can 'Wait and See' How War Affects Inflation

Powell emphasized the Fed's focus on inflation expectations amid energy price shocks, noting inflation has exceeded the 2% target for five years, while holding rates steady for now.

Summary by Channel News Asia
The Fed can “wait and see how that turns out” before acting on inflation from the Iran war, said Federal Reserve Chair Jerome Powell
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7 Articles

Firstpost NewsFirstpost News
Center

Powell backs ‘wait-and-see’ as Iran war muddies inflation outlook

Jerome Powell says the US Federal Reserve can “wait and see” the impact of the Iran war on inflation, as rising energy prices create uncertainty but do not yet warrant a rate move

·Mumbai, India
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ReutersReuters
+2 Reposted by 2 other sources
Center

Powell says Fed can 'wait and see' how war affects inflation

·United Kingdom
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The Straits TimesThe Straits Times
Lean Right

Powell says Fed can ‘wait and see’ how Iran war affects inflation

His remarks appeared to calm financial markets that were betting Fed will hike rates to head off higher inflation from oil shock. Read more at straitstimes.com.

·Singapore
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The Detroit NewsThe Detroit News
Center

Jerome Powell says Fed can 'wait and see' how war affects inflation

"We feel like our policy's in a good place for us to wait and see how that turns out," Powell said at Harvard University.

·Detroit, United States
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rthk.hkrthk.hk

US Fed can 'wait and see' how war affects inflation

US Federal Reserve Chair Jerome Powell said on Monday that the central bank can look past the energy shock from war in t...

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The Detroit News broke the news in Detroit, United States on Monday, March 30, 2026.
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