- The FOMC, the decision-making body of the FED, is noting that geopolitical conflict is currently affecting the domestic economic outlook.
- Fed meetings and official statements address how the Middle East conflict is impacting global energy supplies and inflation.
FED addresses inflation and energy prices amid Middle East conflict, including speaking in Portugal and reporting to Congress.
5 reports, 3 independent
Updated Aug 1
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What happened
FED addresses inflation and energy prices amid Middle East conflict, including speaking in Portugal and reporting to Congress.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Fed meetings and official statements address how the Middle East conflict is impacting global energy supplies and inflation.Also in this story
- The Fed hiked rates by 25 basis points on September 1st, amidst a global energy supply crisis linked to the Middle East.
- CBO forecasts inform FOMC policy decisions amid conflict-driven inflation and rising energy costs.
- Mary Daly influences FOMC policy through her views on how geopolitical events affect inflation expectations.
- ISM data shows supply chain strain and rising input costs, influencing Fed interest rate decisions amid Middle East conflict.
The entities involved
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FED
business
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Market focus centers on the Fed chairman's speech, alongside Euro area inflation being driven by energy prices.
- Morgan Stanley's chief economist is monitoring the Federal Reserve's hawkish views amid the ongoing impacts of the Iran conflict on energy prices and inflation.
- Conflict drives up energy and commodity prices, leading to inflation acceleration in Armenia.
- Economists forecast CPI inflation reports driven by Middle East supply crunch, while market bets on Fed hikes intensify.
- Conflicts in Eastern Europe and the Middle East are disrupting energy markets and driving up prices.