The markets seem to rise after the ceasefire between Israel and Iran

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  • The markets continued to climb after a clear end of the escalating war between Iran and IsraelAlthough the threat of inflation means that the federal reserve is unlikely to reduce interest rates in the near future.

The stock prices jumped on Tuesday as an escalating war between the United States, Iran and Israel seemed to be avoided – at least at the present time. S&P 500 jumped by 1.11 %, with green stock prices in all fields with investors relaxing after President Donald Trump announced the ceasefire on Monday evening.

Despite the protrusion, the homosexuals remain on the horizon, with the head of the Federal Reserve, Jerome Powell, witnessed in a The Financial Services Committee session in the House of Representatives On Tuesday, the central bank is likely to maintain fixed rates with the threat of inflation remaining. “If it becomes clear that the pressure of inflation is still in place, we will reach a place where we reduce prices sooner and not later, but I do not want to refer to a specific meeting,” He said Legislators.

Relief in the market

Although Trump announced a ceasefire between Iran and Israel yesterday on the social truth, the questions are still whether they will continue as the two countries continue to conduct military operations. Trump so criticize In Israel on Monday morning, the government asked the “heart” of its planes and “its head to the house.” However, as of publication, the ceasefire He appears He has been held, even if the United States succeeds against Iranian nuclear capabilities Still in doubt.

Despite the permanent uncertainty, investors celebrated the news, as oil prices decreased with the risk of more disturbances and the shares of airlines such as Delta and UNITED Climbing. Markets also rose On Monday, Iran responded to the American strike against Iran during the weekend.

However, the Powell’s testimony before the House of Representatives can turn off rough water. In addition to identifying the continuous central bank concerns about the impact of definitions on inflation, Powell also raised the possibility of revenge Iranian electronic attacks “The government is generally spent on these things,” he said. “However, you can never be comfortable in this field because the bad guys are always improving.”

The Iranian electronic attacks were previously an issue, as the US Treasury Department last April was punishing two Iranian companies and four individuals of a series of hunting attacks and malware against American companies and government employees who were at risk to more than 200,000 email accounts for employees, claiming that they circulated with the Iranian Islamic Islamic Guard Division.

Besides the threat of electronic attacks, more anxiety for investors is Powell’s resistance to price discounts, although pressure from Trump. Powell said he expected inflation to move during the summer. He added: “I do not think that we need to be in any impulsion because the economy is still strong, because the labor market is strong.”

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