This is why the Fed can afford to look through the Iran War energy shock

The vacancy-to-unemployed ratio currently stands at 0.91 — meaning there are fewer open jobs than unemployed workers. At the peak of post-COVID labor market tightness, that ratio exceeded 2. This structural difference is the strongest argument the Fed has for looking through the Iran War energy shock. This is why the Fed can afford to look through the Iran War energy shock was first published on EconReporter on April 1, 2026