The Federal Reserve’s path forward amid geopolitical tensions and labor data

March came in like a lion, but will it go out like a lamb? That’s the question facing investors as markets contend with rising risks. The conflict in the Middle East, surging oil prices with gasoline prices up to $3.63 per gallon, and February’s continued trend of weaker than expected jobs reports have revived stagflation-like concerns just ahead of the Fed’s March 17-18 meeting.

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Trade policy and inflation risks