Washington CNN —
President Donald Trump has repeatedly demanded the Federal Reserve slash interest rates. But Fed officials have stood pat, waiting to see how his administration’s sweeping policy changes affect the economy first.
Now there’s another factor that could delay a rate cut: the conflict between Israel and Iran.
On Friday, Israel struck at Iran’s nuclear and military sites in an unprecedented attack that sent global oil prices surging. Investors and analysts fretted that a spiraling conflict could send inflation rising across the world, including in the United States. And that could give
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