Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do - AP News
Fed Chair Jerome Powell discussed energy price spikes caused by the Iran war and other issues during a talk Monday at Harvard University 2 of 6 | Federal Reserve Chair Jerome Powell addresses students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa) 3 of 6 | Federal Reserve Chair Jerome Powell gestures while addressing students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass.