BusinessCrude oil prices have simmered after Trump paused the bombing of Iran.Federal Reserve Chair Jerome Powell speaks at a news conference following the Federal Open Market Committee meeting in Washington on March 18, 2026. Madalina Kilroy/The Epoch TimesAndrew Moran4/8/2026|Updated: 4/8/20260:00A U.S.–Iran cease-fire has nudged markets back toward pricing in a rate cut this year.President Donald Trump agreed to a two-week suspension of attacks on Iran, about an hour before his April 7 deadline.
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