Fed expected to hold rates as Iran-Jordan clash reignites war fears, with oil prices jumping more than 4%
- Posted on July 29, 2026
- By Fortune
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- 1 min read
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Fed expected to hold rates as Iran-Jordan clash reignites war fears, with oil prices jumping more than 4%
The central bank isn't expected to move on rates Wednesday, but 76% of traders see a September hike as inflation stays above the 2% target.