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Live Updates: Israel Bombs Security Sites Amid Questions Over Iran’s Leadership

Iranian officials are deliberating over who will replace Ayatollah Ali Khamenei, the supreme leader killed in the U.S.-Israeli assault. Fears of the war’s economic...
HomeBusinessTop Fed Official, Wary of Inflation, Calls for Extended Rate Pause

Top Fed Official, Wary of Inflation, Calls for Extended Rate Pause

Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.”