Fed expected to hold rates steady amid Mideast war-driven cost pressures
Energy prices and supply-chain disruptions from the Middle East conflict are expected to persuade the Fed to pause rate hikes at next week's policy meeting.
The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting next week. Persistently high energy prices and supply-chain snarls tied to the war in the Middle East are cited as key factors influencing the decision.