Iran Strikes Could Make Fed Rate Cuts Even Less Likely

Core Insights - The recent U.S. and Israeli strikes on Iran may significantly impact oil markets and reduce the likelihood of Federal Reserve rate cuts this year [2]. Group 1 - The strikes on Iran are expected to create volatility in oil markets starting Sunday evening [2]. - The geopolitical tensions arising from these strikes could lead to a more cautious approach from the Federal Reserve regarding interest rate cuts [2].