Politics

    U.S. President Donald J. Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with U.S. flags visible behind him, in Washington, United States, on March 02, 2026.

    A shiny new Fed Chairman will be keen to start with an interest rate cut—but the bank is growing more hawkish due to Iran

    “Clearly there’s growing scepticism that a new Chair can start cutting straight away, particularly with the data as strong as it is right now,” noted Deutsche Bank’s Jim Reid.

    March 5, 2026

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