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Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better
fortune.com/2025/06/13/israel-iran-war-crude-oil-prices-fed-rate-cuts-inflation
Surging oil prices in the wake of Israel’s large-scale airstrikes on Iran could reignite inflation, which has shown signs of cooling despite President Donald Trump’s tariffs. Israel has signaled its attacks will be sustained, raising the risk oil prices will remain high and drag…
This story appeared on fortune.com, 2025-06-13 16:19:51.