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How many rate cuts? Iran war upends Federal Reserve's next steps
The Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases. The spike in oil and gas prices presents already-divided Fed officials with a worst-case scenario as they conclude a key meeting Wednesday: Costlier gas will raise inflation in the short run, which typically causes the central bank to raise borrowing costs — or at least leave them unchanged — to combat higher prices. Yet if the spike is high enough or lasts long ... (full story)
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From channelnewsasia.com|Mar 18, 2026|5 commentsChina offered on Wednesday (Mar 18) what it said would be energy stability to Taiwan if it agreed to Beijing's rule, part of a campaign by China to convince the island of the ...
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From finance.yahoo.com|Mar 18, 2026The U.S. Securities and Exchange Commission on Tuesday issued an interpretation clarifying which types of cryptocurrencies are considered securities and how a "non-security" ...
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From dailyforex.com|Mar 18, 2026The Bitcoin market continues to be a bit surprising, as Bitcoin is starting to show signs of waking up again. The Bitcoin market has been fairly noisy during the trading session ...
From finance.yahoo.com|Mar 18, 2026Bitcoin (BTC-USD) traded near $74,000 on Tuesday as strategists highlighted its relative strength despite market jitters amid the Iran war. "Bitcoin and crypto markets have looked ...
From @DeItaone|Mar 18, 2026|55 commentsPART OF IRAN'S SOUTH PARS PETROCHEMICAL FACILITIES HAVE BEEN ATTACKED - TASNIM IRAN SAYS ASALUYEH OIL INDUSTRY FACILITIES ATTACKED: STATE TV APNewsAlert: DUBAI, United Arab Emirates (AP) — Iranian state media say natural gas facilities associated with offshore South Pars field attacked, without elaborating. IRAN’S ENERGY HEART JUST GOT HIT An attack struck South Pars — the site behind ~70% of Iran’s natural gas. Damage is still unclear, but this area has shut down before after strikes. What changed: This comes as tensions rise, with recent strikes in Iran and Lebanon and… pic.twitter.com/CglR0bjqqC
Iran’s state-run media report an attack on facilities at its key South Pars offshore gas field - Iranian state-run media say that facilities associated with Iran’s massive offshore South Pars natural gas field came under attack Wednesday. Both Iranian state television and the state-run IRNA news agency reported on the attack targeting facilities at Asaluyeh in Iran’s southern Bushehr province. It did not immediately elaborate. Iran shares the offshore field in the Persian Gulf with Qatar, which it has repeatedly attacked during the war along with other Gulf Arab nations. It wasn’t clear if Israel or the United States had carried out the attack. However, the U.S. has been operating primarily in southern Iran. The U.S. previously attacked Iran’s Kharg Island in the Persian Gulf, its main oil terminal.
