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The Economic Times

Markets / The Economic Times

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US Stock Market | Fed stays put as Powell flags uncertainty from energy shock

Federal Reserve Chair Jerome Powell indicated the central bank is in no rush to adjust interest rates, preferring to wait for clearer economic signals amidst the Iran conflict. Rising fuel prices present a complex challenge, but Powell noted stable long-term inflation expectations, allowing for patience as the Fed monitors incoming data.

31 Mar 2026 8:54 am