CNN —
As if a global trade war wasn’t enough for businesses and consumers to contend with, it’s looking increasingly like the Israel-Iran conflict could reach the brink of a full-blown war. While the conflict is playing out thousands of miles away from US soil, Americans may not be able to escape the economic impact of it.
Federal Reserve Chair Jerome Powell told reporters Wednesday after the central bank’s latest monetary policy meeting that officials are monitoring the situation. “What’s tended to happen is when there’s turmoil in the Middle East, you may see a
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