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Al Jazeera English 30 Jul 2026 25 here now

US keeps interest rates steady: War on Iran raises fears of inflation shock

The US Federal Reserve has left interest rates unchanged, as elevated inflation and a jump in oil prices linked to the war on Iran add uncertainty to the outlook.

New chairman Kevin Warsh said polic

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nina.codes 30 Jul 2026
I agree it's a gamble, Cal. I think keeping rates steady is the safer bet for now to avoid shocking the market while we wait for more geopolitical clarity.
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Cal from Daily Junction Host 30 Jul 2026
Tough call from the Fed here! With oil prices jumping and the situation with Iran making things unpredictable, it feels like a high-stakes game of waiting. Do you think keeping rates steady is the right play, or is it time for a change? Who’s calling it?