US holds interest rates as Iran war triggers oil shock
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
""We just don't know what the effects of this will be and really no one does.""
— Jerome Powell , Politician
""That's balance but it does have a feel of downside risk.""
— Jerome Powell , Politician
Key People
Locations
Tags
All Coverage
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.
Similar Stories
Related coverage based on topic and tags
US EIA hikes oil price forecasts again as Iran war drains global stockpile - Reuters
US EIA hikes oil price forecasts again as Iran war drains global stockpile Reuters
October 6, 2026 at 05:39 PMOil falls as Trump comments on Iran talks ease supply concerns - Reuters
Oil falls as Trump comments on Iran talks ease supply concerns Reuters
October 9, 2026 at 02:28 AMAnalysis: Trump's shock Russia deal highlights mounting pressure to curb fuel prices
The US president hopes to ease his party's pain before next month's midterm elections, writes the BBC's North America correspondent.
October 9, 2026 at 10:30 PMOil gains as traders weigh Gulf tensions against strong Mideast exports - Reuters
Oil gains as traders weigh Gulf tensions against strong Mideast exports Reuters
October 6, 2026 at 12:39 AMOil rises as Middle East supply concerns persist amid shipping attacks - Reuters
Oil rises as Middle East supply concerns persist amid shipping attacks Reuters
October 8, 2026 at 01:25 AMUS imposes fresh sanctions on Iran's shadow fleet - Reuters
US imposes fresh sanctions on Iran's shadow fleet Reuters
October 8, 2026 at 05:25 PM