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Israel’s attacks on Iran may keep Fed rate cuts on hold, just as inflation was looking better

Upworthy Friday, 13 June 2025 ()
Surging oil prices in the wake of Israel’s large-scale airstrikes on Iran could reignite inflation, which has shown signs of cooling despite President Donald Trump’s tariffs. Israel has signaled its attacks will be sustained, raising the risk oil prices will remain high and drag inflation up too,…
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News video: Israel Eliminates Iran’s Air Force Chief Hajizadeh in Bunker Strike; Over 20 Iranian Leaders Killed

Israel Eliminates Iran’s Air Force Chief Hajizadeh in Bunker Strike; Over 20 Iranian Leaders Killed 03:31

Israel has eliminated IRGC Aerospace Force Chief Brigadier General Amir Ali Hajizadeh in a precision airstrike on a secret underground command bunker. The Israeli Defense Forces confirmed that over 20 senior Iranian military officials, including commanders of Iran’s drone and air defense units,...

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