MidEast Events Outcome Vague for US Economy, Higher Energy Prices to Boost Inflation - Fed

NAMPA / Sputnik

2026-03-18

WASHINGTON, March 18 (RIA Novosti) - The consequences of the conflict unfolding in the Middle East are unclear for US economy, increased energy prices will likely accelerate inflation, Federal Reserve Chair Jerome Powell said on Wednesday. "The implications of events in the Middle East for the US economy are uncertain. In the near term, higher energy prices will push up overall inflation, but it is too soon to know the scope and duration of the p......

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