Crude oil prices have simmered after Trump paused the bombing of Iran.
Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee meeting in Washington on March 18, 2026. Madalina Kilroy/The Epoch Times
A U.S.–Iran cease-fire has nudged markets back toward pricing in a rate cut this year.
President Donald Trump agreed to a two-week suspension of attacks on Iran, about an hour before his April 7 deadline.
