The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible interest rate cuts.An analysis by economists at Goldman Sachs projected that Brent crude oil prices, a common benchmark for the global oil market, are expected to remain elevated, averaging $105 a barrel in March and $115 in April before falling to $80 a barrel in the fourth quarter of 2026. That's based on oil shipments through the Strait of Hormuz remaining very low for six weeks.In an adverse...
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