Thursday, March 19, 2026

Fed Takes a Cautious Approach

The Best That Markets Should Hope for From the Fed: Nothing
https://www.nytimes.com/2026/03/19/business/federal-reserve-iran-inflation-recession.html
A rate cut in the next few months could signal major problems in the economy. 

Fed Holds Rates Steady as Iran War Clouds Outlook
https://www.wsj.com/economy/central-banking/fed-holds-steady-and-maintains-rate-cut-projection-2c378384
A new oil shock is threatening to prolong the Fed’s yearslong fight to bring down inflation ahead of a leadership transition.