Washington, United States, April 15, 2026 (AFP) - US Fed says Mideast war has firms in 'wait-and-see' mode

NAMPA / AFP

2026-04-15

The US Federal Reserve said Wednesday that war in the Middle East has many businesses in "wait-and-see" mode, with higher energy and fuel costs squeezing margins. "The conflict in the Middle East was cited as a major source of uncertainty that complicated decision-making around hiring, pricing, and capital investment," the Fed said in its "beige book" survey of economic conditions in the United States. Many firms, it added, are "adopting a wait-a......

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