2026-03-19
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The Fed holds rates steady, but the war with Iran clouds its outlook for future decisions.
Plus, oil prices rose again today after new attacks on Middle East energy infrastructure.
And how U.S. Marines could help reopen the Strait of Hormuz and get oil flowing again.
This unit is typically used for raids or special operations.
It seems likely that the U.S. Marines that are being sent to the Middle East could be deployed
to see some of the islands off of the southern coast of Iran.
It's Wednesday, March 18th.
I'm Alex Osula for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
The Federal Reserve held interest rates steady today for the second meeting in a row.
And for later this year, officials kept open the possibility of cutting rates,
even as higher energy prices from the Iran war threatened to make bringing down inflation more difficult.