Oil Shock & Fed Gridlock: Inside March’s High-Stakes FOMC Call

Joseph Choi and David Rosenberg join LiveSquawk’s Market Talk to preview the March 2026 FOMC decision against a backdrop of surging oil prices and rising geopolitical risk. With the war in Iran driving a sharp spike in energy costs, the discussion centers on how the Fed can balance inflation pressures with signs of a weakening labor market. Rosenberg draws parallels to the 1990 Gulf War, arguing the current shock may act as a deflationary drag rather than a sustained inflation driver. The episode highlights the Fed’s likely decision to hold rates steady while navigating extreme uncertainty and the growing risk of a global slowdown.Follow Joseph on X: https://x.com/curveadvisorFollow David on X: https://x.com/EconguyRosieTry our 24-hour news squawking service for FREE! 👇https://www.livesquawk.com/#sign-upFollow us on X: https://x.com/LiveSquawk