← Latest news 
US Fed set to keep rates steady as Middle East war keeps energy costs elevated
Economy
Published on 26 April 2026
Oil may have peaked, but the shock lingers
The US Federal Reserve is widely expected to hold interest rates steady next week, even as inflation pressures remain. Economists cite persistent energy prices and ongoing uncertainty from the Middle East conflict, which has disrupted supply chains. While oil and gasoline may have peaked, high costs continue to hit both consumers and businesses, shaping the Fed’s cautious outlook.
- Fed expected to keep policy rates unchanged next week
- Middle East war adds uncertainty and keeps inflation pressure alive
- Energy prices remain elevated despite signs of peaking
- Supply chain disruptions continue to weigh on growth
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times