The race to be the next Fed chair is underway. Days after Trump again criticized Powell and said he would name a successor “very soon,” our colleagues in Washington reported on the possible successors,

Stay updated on this week's market dynamics with Wall Street Breakfast. Key topics: Fed rate decision, Israel-Iran tensions, oil prices, & earnings reports.

By Kanchana Chakravarty and Sukriti Gupta (Reuters) -Wall Street indexes edged lower on Tuesday as the Israel-Iran conflict entered its fifth day, weighing on investor confidence ahead of the Federal Reserve's upcoming monetary policy decision.

Wall Street analysts don't expect much in the way of fireworks during the Federal Reserve's upcoming post-meeting press conference, slated for Wednesday. But one strategist believes the central bank could take an unconventional step regarding its messaging to help keep its options open.

Encouraging economic data has boosted market hopes for Fed rate cuts, but policymakers remain cautious amid lingering uncertainty over tariffs and the labor market.

Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. have to say about interest rates and the economy.