{"id":345794,"date":"2026-03-18T15:44:13","date_gmt":"2026-03-18T15:44:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/345794\/"},"modified":"2026-03-18T15:44:13","modified_gmt":"2026-03-18T15:44:13","slug":"live-updates-the-feds-forecast-for-the-us-economy-is-clouded-by-the-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/345794\/","title":{"rendered":"Live updates: The Fed\u2019s forecast for the US economy is clouded by the Iran war"},"content":{"rendered":"<p>       <img decoding=\"async\" src=\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/2026-03-16t145806z-1513051806-rc2o5ka524bu-rtrmadp-3-usa-stocks.JPG?c=original&amp;q=w_1280,c_fill\/f_avif\" alt=\"Traders work on the floor at the New York Stock Exchange on Monday.\" class=\"image__dam-img image__dam-img--loading\" onload=\"this.classList.remove('image__dam-img--loading')\" onerror=\"imageLoadError(this)\" height=\"1333\" width=\"2000\" loading=\"lazy\"\/><\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvysv470001356ruvgngjs9@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            US stock futures fell Wednesday morning as traders digested inflation data, braced for news from the <a href=\"https:\/\/www.cnn.com\/world\/live-news\/iran-war-us-israel-trump-03-18-26\" rel=\"nofollow noopener\" target=\"_blank\">Iran war<\/a> and awaited the Federal Reserve\u2019s decision on interest rates, set to be announced at 2 p.m. ET.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvytfsg0005356rp179hluf@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Dow, S&amp;P 500 and Nasdaq 100 <a href=\"https:\/\/www.cnn.com\/markets\/premarkets\" rel=\"nofollow noopener\" target=\"_blank\">futures<\/a> erased earlier gains after a Bloomberg News report, citing Iran state TV, that the South Pars natural gas field was hit by US and Israeli strikes.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmw165l80000356rbnl3wsgg@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Stock futures remained under pressure after new data showed wholesale inflation rose more than expected in February. Dow futures were down 128 points, or 0.27%. S&amp;P 500 and Nasdaq 100 futures each also fell 0.27%.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvytfsg0007356ruko679mc@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Traders had already expected the Fed to hold rates steady this month, but the Iran war has clouded the outlook for future rate cuts. Traders are pricing in just one rate cut this year, to take place in December, according to CME FedWatch.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvzua3a00063b6rexce4c1k@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Wall Street\u2019s focus will be on the Fed\u2019s quarterly Summary of Economic Projections, as well as remarks from Fed Chair Jerome Powell.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvytfsg0008356r41ag2ld3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Despite recent fluctuations in oil prices, stocks are coming off two days in the green. After sliding 1.6% last week, the S&amp;P 500 is up 1.27% so far this week.\n    <\/p>\n<p class=\"paragraph inline-placeholder vossi-paragraph\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmmvytfsh0009356rgth5bslt@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Traders continue to monitor headlines about the effective closure of the Strait of Hormuz. <a href=\"https:\/\/www.cnn.com\/2026\/03\/18\/business\/oil-prices-fall-iraq-exports-turkey-intl\" rel=\"nofollow noopener\" target=\"_blank\">Oil prices<\/a> were mixed Wednesday morning: Brent crude, the global benchmark, rose 2.2%, to $105.73 per barrel. US crude oil egded lower to $95.50 per barrel.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"US stock futures fell Wednesday morning as traders digested inflation data, braced for news from the Iran war&hellip;\n","protected":false},"author":2,"featured_media":345795,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":{"0":"post-345794","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/345794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=345794"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/345794\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/345795"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=345794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=345794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=345794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}