United States — Federal Reserve Bank of Cleveland & Iran

United States — Federal Reserve Bank of Cleveland: The United States — Federal Reserve Bank of Cleveland estimates that annual inflation could reach 4.2% in May due to the war keeping oil and gasoline prices high.

Iran: Iran's effective closure of the Strait of Hormuz has caused a global energy crisis, driving up oil and gas prices and disrupting supply chains. The nation is also engaged in ongoing conflict with Israel and the United States, leading to economic sanctions and military actions.

United States — Federal Reserve Bank of Cleveland: The United States — Federal Reserve Bank of Cleveland, through its president Beth Hammack, is considering potential interest rate hikes or cuts in response to inflation and economic slowdown caused by the conflict and rising gas prices.

United States — Federal Reserve Bank of Cleveland: The United States — Federal Reserve Bank of Cleveland, through its president Beth M. Hammack, has indicated a potential shift towards interest rate hikes if inflation persists, influenced by rising gas prices due to the Iran war.

United States — Federal Reserve Bank of Cleveland: Beth Hammack, president of the United States — Federal Reserve Bank of Cleveland, indicated openness to possible rate hikes if inflation persists, a shift influenced by the Iran war and gas price spikes.