The Federal Reserve's upcoming meeting is crucial as it may decide whether to cut interest rates amid rising oil and petrol prices due to the Iran war. Fed chair Jerome Powell is expected to keep rates unchanged at 3.6% but may revise inflation forecasts upward, complicating the economic outlook. Higher petrol prices could slow consumer spending and increase unemployment. Powell's term ends on May 15, and his potential successor, Kevin Warsh, faces confirmation delays. Teljes cikk (Euronews.com)