Fed keeps rates steady, Dollar gains, Middle East tensions rise, oil prices rally.

From Investing.com: 2025-06-19 05:39:00

The Federal Reserve opted to keep interest rates steady, citing concerns about inflation picking up due to Trump’s tariffs. The dollar was mixed but gained ground today. The SNB cut rates by 25bps to 0%, while the Bank of England is expected to hold rates steady. Anxiety mounts as Israel-Iran tensions escalate, boosting the dollar’s safe-haven status and causing oil prices to rally on fears of supply disruptions. The US is preparing a potential strike against Iran, adding to uncertainty in the markets. Central banks may need to adjust monetary policies if the oil rally persists.



Read more at Investing.com: US Dollar Rises on Fed’s Hawkish Hold and Middle East Tensions