Fed's Rate Hike Dilemma Deepens as Oil Plunge and Tariff Wave Clash

The global economic flow right now is a chaotic mix of deflationary and inflationary forces pulling in opposite directions. Oil prices plunged over 5% after the U.S. and Iran paused attacks, sending Brent crude tumbling to $91.80, but this relief is colliding with a new wave of Trump tariffs hitting dozens of trading partners. The Federal Reserve, meeting this week, finds itself in a classic policy bind: does it fight cooling oil-driven inflation or brace for...