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How many rate cuts? Iran war upends Federal Reserve’s next steps

How many rate cuts? Iran war upends Federal Reserve’s next steps

March 17, 2026

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Day: March 17, 2026

How many rate cuts? Iran war upends Federal Reserve’s next steps

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WASHINGTON (AP) — The Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs

What to know about the resignation of Joe Kent as Trump’s counterterrorism chief

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The U.S. counterterrorism official who resigned Tuesday had been a staunch supporter of President Donald Trump through his 2020 election defeat, the Jan. 6 riots and years of conservative media advocacy and failed congressional bids. But Trump’s

Satellite images begin to show damage wrought by Iran war

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DUBAI, United Arab Emirates (AP) — Satellite images are beginning to be released giving a glimpse into the toll of the Iran war, with ships ablaze in an Iranian port and destroyed buildings at an American base.

US expands Golden Dome cost estimate to $185 billion, enlists top defense firms

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By Mike Stone ARLINGTON, Virginia, March 17 (Reuters) – The price tag for the Golden Dome missile defense shield has grown to $185 billion, up $10 billion, to accelerate key space-based capabilities, the program’s director said on

College Republicans sue University of Florida’s president over deactivation of its chapter

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ORLANDO, Fla. (AP) — College Republicans have sued the University of Florida’s president on free speech grounds over the school’s decision to deactivate its chapter after being notified that at least one member engaged in an antisemitic

Man charged with planting pipe bombs before the Jan. 6 riot argues Trump’s mass pardons apply to him

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WASHINGTON (AP) — President Donald Trump’s sweeping act of clemency for rioters who stormed the U.S. Capitol also should apply to a man charged with planting pipe bombs near the national headquarters of the Democratic and Republican

Iran’s internet blackout silences voices at home as diaspora creators fill the void

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NEW YORK (AP) — Iranian American Ariana Afshar has tried to produce commentary about the first weeks of the war in the Middle East based on the perspectives of people in Iran. But the New York-based social

Top counterterrorism official Kent resigns over Trump’s Iran war, says Iran posed no imminent threat

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WASHINGTON (AP) — Joe Kent, the director of the National Counterterrorism Center, announced his resignation on Tuesday, citing his concerns about the justification for military strikes in Iran and saying he “cannot in good conscience” back the

Transit agency sues Trump over frozen funds for New York subway project

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By David Shepardson March 17 (Reuters) – The Metropolitan Transportation Authority sued the Trump administration on Tuesday for withholding nearly $60 million from a major New York City subway project. The breach of contract lawsuit — filed

US says it may be forced to shut down some airports over funding standoff

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WASHINGTON, March 17 (Reuters) – A senior Trump administration official said Tuesday that if a government funding standoff continues, it may force the shutdown of some smaller airports in the coming weeks over a lack of security

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