Interest Rates "Sitting" in Place: Tariffs & U.S.-Iran War Keep Fed from Cutting

Mike Dickson warns that lasting tariff uncertainty and the U.S.-Iran war leave the Fed 'stuck in interest rate limbo,' constraining its ability to cut rates. That reduced scope for aggressive rate cuts limits FOMC forward guidance and heightens policy uncertainty for markets.

Analysis

Mike Dickson warns that lasting tariff uncertainty and the U.S.-Iran war leave the Fed 'stuck in interest rate limbo,' constraining its ability to cut rates. That reduced scope for aggressive rate cuts limits FOMC forward guidance and heightens policy uncertainty for markets.