Fed meeting: Iran war and Powell future add to uncertain outlook

Just read about the Fed's upcoming meeting. With Iran's war pushing oil prices up over 44% since February, inflation and growth concerns are huge. Most central banks, including the Gulf's, are expected to keep rates steady around 3.6% to match IMF caution. This might be Powell's last meeting as chair, with leadership changes possibly ahead. Also, talks about a UAE-US currency swap line are in the air, though the UAE says it's financially strong with massive reserves. https://www.thenationalnews.com/business/economy/2026/04/27/fed-meeting-iran-war-and-powell-future-add-to-uncertain-outlook/