What to Watch at the Federal Reserve’s March Meeting

New York Times
by Colby Smith
March 18, 2026
3 min read

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Federal Reserve expected to keep interest rates unchanged at March meeting amid Iran conflict concerns.

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The Federal Reserve is expected to keep interest rates unchanged at its March meeting as policymakers evaluate economic impacts from the ongoing conflict with Iran. The central bank's decision will signal how officials are weighing geopolitical risks against inflation and growth concerns. Rate stability would provide continuity after months of policy shifts, though any signs of recession or supply disruptions from the conflict could push the Fed toward future cuts. Markets are watching for updated economic projections and chairman commentary on how the conflict might affect employment and prices. The Fed's assessment could influence everything from mortgage rates to business investment decisions in coming months.

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