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Story summary
- The Federal Reserve is expected to hold policy rate at 3.5% to 3.75% at March meeting.
- Analysts assign a 99% probability of no change, citing the Iran war and oil prices.
- The Iran conflict and higher energy costs complicate forecasts, with economists doubting 2026 rate cuts.
- Federal Reserve Chair Jerome Powell's term ends in May, and Federal Reserve Governor Kevin Warsh is nominated as successor amid Trump administration pressure.
