[Fed Expected to Hold Rates Steady, Iran War Impacts Economic Outlook] According to Barron's, policymakers at the Federal Reserve (Fed) are expected to keep interest rates unchanged at next week's meeting, with the current federal funds target rate range at 3.50%-3.75%. The Iran war has caused oil prices to surge and energy costs to rise, driving short-term inflationary pressures and increasing economic uncertainty. Markets and economists anticipate that the Fed will hold off on adjusting rates for now to observe the impact of geopolitical developments on inflation and employment. Investors have lowered expectations for rate cuts this year, and Fed officials have stated they are closely monitoring the war's impact on the inflation outlook.