Fed Chair Powell (Q&A) says he does not have a forecast on oil prices in the event the conflict ends quickly

Newsquawk StaffOil newsFederal Reserve newsPublished 18 Mar 2026, 19:23 UTC

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19:06

Fed Chair Powell (Q&A), asked about tariff impact, is not certain that tariffs will be a one-time effect, not at all certain

19:04

Fed Chair Powell (Q&A), asked about conditions for adjusting policy, says Fed has to wait and see, will learn a lot by the next meeting, must see how the outlook evolves on the Middle East

19:03

Fed Chair Powell (Q&A) says he does not have a forecast on oil prices in the event the conflict ends quickly

19:01

Fed Chair Powell (Q&A) says growth upgrade likely due to growing confidence in productivity

19:00

Fed Chair Powell (Q&A) says a number of people mentioned that short-term inflation expectations have risen, but long-term inflation expectations, majority of things show they are solid

On the Newsquawk feed at 19:03, 20 minutes before this page.

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Context

Powell's remarks indicate a measured approach regarding potential volatility in oil prices amid geopolitical developments. This lack of forecast suggests uncertainty in how quickly markets might adjust, which could affect inflation expectations and, consequently, monetary policy. Traders should keep an eye on crude dynamics, as any sharp moves could have cross-asset impacts, especially on the dollar and fixed income markets.

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