Businessweek Daily

Iran War Throws Another Wrench in the Fed’s Path

The conflict’s effect on energy costs will weigh on officials’ interest-rate decision.
Fed Chair Jerome Powell at a news conference in January.Source: Federal Reserve

Wall Street will have its eyes on the Federal Reserve on Wednesday afternoon as Chair Jerome Powell has an opportunity to weigh in on the economic impact of the war in Iran. Fed reporter Enda Curran has a preview. Plus: International MBA applications are down under Trump (free link), and American designer Todd Snyder noticed a void in the midrange of the fashion marketplace, and now he’s filling it.

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