CryptoWorld News reports that Mitsubishi UFJ Financial Group bank analyst Derrick Halpern stated in a report that if the Federal Reserve acknowledges that the Iran war pushing up energy prices could lead to rising inflation and shows a "hawkish" stance, the dollar could rise. He pointed out that this rate decision might be the last meeting during Powell's tenure as Federal Reserve Chair, and there may be an emphasis during the press conference that risks to price stability are accumulating. This could lead to a surge in the front end of the U.S. yield curve and reinforce initial signs of improved demand for the dollar. Halpern said that risks of the euro weakening against the dollar and the dollar strengthening against the yen are mounting.

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