Keyword → ISM Services PMI

Mar 3, 2026

Fed Seen Holding Rates Steady in March as Iran War Stokes Inflation Fears and Complicates Policy Path

The CME FedWatch Tool shows a 97.3% probability that the Federal Reserve will leave interest rates unchanged at its upcoming March meeting, as surging oil prices from the U.S.-Iran conflict introduce a new inflationary wrinkle into an already complex monetary policy calculus. Markets are now watching the ISM Services PMI report due Tuesday for real-time signals on domestic economic health.

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Federal Reserve interest rates inflation oil prices ISM Services PMI monetary policy Treasury yields gold

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