Fed Holds Rates Steady Amid Higher-Than-Expected Inflation And The Iran War

The Federal Reserve issued a new forecast for the future trajectory of the U.S. economy. The latest summary of economic projections comes weeks after U.S. strikes on Iran and subsequent shocks to global oil supplies. At the same time, central bank leadership is set to change amid elevated threats to both sides of the Fed mandate. CNBC’s Jeff Cox reports. Reporting by: Jeff Cox Produced and Edited by: Carlos Waters Senior Managing Producer: Shawn Baldwin Additional footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to get ahead at work with AI? Sign up for CNBC's new online course, Beyond the Basics: How to Use AI to Supercharge Your Work. Learn advanced AI skills like building custom GPTs and using AI agents to boost your productivity today. Sign up today: https://cnb.cx/4qKBe6H Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Fed Holds Rates Steady Amid Higher-Than-Expected Inflation And The Iran War