The U.S. bombing of Iran and direct involvement in Israel’s conflict has added a fresh dose of uncertainty to a U.S. economic picture that was already looking pretty muddled.
Recent gyrations in policy and global events have left economists and consumers in a state of confusion. On Monday night, just hours after Iran’s retaliatory strike on a U.S. base and while talk of regime change was still in the air, President Trump announced a cease-fire deal between Iran and Israel.