Iran war is a major source of uncertainty for U.S. businesses, Fed's ‘beige book' says

U.S. businesses are delaying major decisions as uncertainty from the war with Iran weighs on the outlook, according to the Federal Reserve's beige book. The report signals a risk-off shift in corporate behavior and a potential drag on investment and hiring. Because it reflects broad regional economic caution tied to geopolitics, the message has market-wide relevance.

Analysis

U.S. businesses are delaying major decisions as uncertainty from the war with Iran weighs on the outlook, according to the Federal Reserve's beige book. The report signals a risk-off shift in corporate behavior and a potential drag on investment and hiring. Because it reflects broad regional economic caution tied to geopolitics, the message has market-wide relevance.