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Event Brief

Fed to Adjust Interest Rates Amid Rising Oil Prices

The Federal Reserve plans to change interest rates for the first time since oil prices surged due to the Iran conflict.
WHO: Federal Reserve
WHAT: Adjust interest rates
WHEN: Mar 18, 2026 at 5:35 AM ET
WHERE: Location not specified
WHY: To address inflation caused by rising oil prices
Sources (2): ABC News, Euronews

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