{"id":60754,"date":"2026-04-10T08:38:30","date_gmt":"2026-04-10T12:38:30","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/feds-daly-eyes-rate-cut-potential-amid-fragile-iran-ceasefire-coreweave-inks-major-anthropic-deal\/60754\/"},"modified":"2026-04-10T08:38:30","modified_gmt":"2026-04-10T12:38:30","slug":"feds-daly-eyes-rate-cut-potential-amid-fragile-iran-ceasefire-coreweave-inks-major-anthropic-deal","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/feds-daly-eyes-rate-cut-potential-amid-fragile-iran-ceasefire-coreweave-inks-major-anthropic-deal\/60754\/","title":{"rendered":"Fed\u2019s Daly Eyes Rate Cut Potential Amid Fragile Iran Ceasefire; CoreWeave Inks Major Anthropic Deal"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Fed President Mary Daly<\/strong> signaled that a <strong>rate cut is &quot;not out of the question&quot;<\/strong> if the Iran conflict resolves quickly and oil prices retreat, despite a <strong>0.9% monthly spike in March CPI<\/strong> driven by energy costs.<\/li>\n<li><strong>CoreWeave (<a href=\"\/stock\/CRWV\">CRWV<\/a>)<\/strong> announced a landmark multi-year agreement with <strong>Anthropic<\/strong> to provide cloud infrastructure for production-scale <strong>Claude AI models<\/strong>, beginning later this year.<\/li>\n<li><strong>Geopolitical stability remains precarious<\/strong> as Hezbollah vowed to continue its &quot;resistance until its last breath,&quot; complicating a fragile, disputed ceasefire between the U.S., Israel, and Iran.<\/li>\n<li><strong>U.S. Trade Representative Jamieson Greer<\/strong> warned that China\u2019s ties to Iran &quot;obviously complicate&quot; bilateral relations, even as the administration seeks stability ahead of a planned May summit with President Xi Jinping.<\/li>\n<li><strong>March inflation reached 3.3% annually<\/strong>, but the Fed views the data as &quot;old news&quot; if the current ceasefire persists and reverses the recent <strong>10.9% surge in energy prices<\/strong>.<\/li>\n<\/ul>\n<h2>Fed Policy and the &quot;Oil Price Shock&quot;<\/h2>\n<p>San Francisco Fed President <strong>Mary Daly<\/strong> stated Friday that while the U.S. had significant work to do on inflation before the recent conflict, the <strong>oil price shock<\/strong> has extended the timeline for reaching the 2% target. Daly emphasized that current policy is in a &quot;good place,&quot; providing the central bank time to observe how the Middle East conflict resolves and how businesses pass along price increases. She noted that many firms are currently using <strong>reversible surcharges<\/strong> rather than permanent price hikes, a trend the Fed is monitoring closely.<\/p>\n<p>Daly indicated that the risks to the Fed&#39;s dual goals of full employment and price stability are now <strong>balanced<\/strong>. While persistently high oil prices could hurt growth and fuel inflation, she placed a <strong>lower probability on a rate hike<\/strong> than on a cut or a hold. &quot;If inflation stays elevated for longer than anticipated, we would hold steady,&quot; Daly remarked, but she held the door open for easing if the geopolitical situation stabilizes and energy costs normalize.<\/p>\n<h2>AI Infrastructure: CoreWeave Secures Anthropic<\/h2>\n<p>In a major boost for the specialized cloud sector, <strong>CoreWeave (<a href=\"\/stock\/CRWV\">CRWV<\/a>)<\/strong> has entered into a multi-year agreement with AI research firm <strong>Anthropic<\/strong>. The deal will see Anthropic leverage the CoreWeave cloud platform for <strong>production-scale workloads<\/strong> of its Claude AI models. Infrastructure rollout is expected to begin in phases later this year, further cementing CoreWeave&#39;s position as a dominant player in the AI space.<\/p>\n<p>CoreWeave, which completed its public listing on the <strong>Nasdaq<\/strong> in early 2025, now counts <strong>nine of the top ten leading AI model providers<\/strong> as clients. CEO Michael Intrator noted that the partnership reflects a shift in the industry from pure infrastructure to platforms that drive &quot;real-world impact.&quot; The company\u2019s stock has seen significant volatility recently, with some analysts noting it currently trades above its fair value despite a <strong>168% revenue climb<\/strong> over the last twelve months.<\/p>\n<h2>Geopolitical Tensions and Trade Complications<\/h2>\n<p>The global energy market remains on edge as <strong>Hezbollah<\/strong> issued a defiant statement Friday, declaring that its &quot;resistance will continue until its last breath.&quot; This rhetoric comes amid a <strong>disputed ceasefire<\/strong> mediated by Pakistan; while Iran and its allies claim the truce covers Lebanon, the U.S. and Israel have maintained that operations against Hezbollah will continue. This friction has kept <strong>oil prices elevated<\/strong>, a factor Daly cited as a primary driver for the 0.9% monthly increase in the March Consumer Price Index.<\/p>\n<p>On the trade front, U.S. Trade Representative <strong>Jamieson Greer<\/strong> told CNBC that China bears the responsibility for eliminating &quot;harmful ties&quot; with Iran. Greer noted that while the administration is pursuing stability ahead of a <strong>May meeting<\/strong> between President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> and President Xi Jinping, China&#39;s involvement with Tehran remains a major hurdle. Greer also highlighted ongoing communication with <strong>auto companies<\/strong> regarding the impact of the energy crisis, though he stressed the administration would avoid &quot;knee-jerk reactions&quot; to short-term price volatility.<\/p>\n<h2>Domestic Politics: Louisiana Senate Primary &quot;A Mess&quot;<\/h2>\n<p>In domestic news, the <strong>GOP primary for the Louisiana Senate<\/strong> has reportedly devolved into a chaotic three-way contest. According to reports from <em>Punchbowl News<\/em>, incumbent Senator <strong>Bill Cassidy<\/strong> is facing a severe challenge from <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a>-backed <strong>Julia Letlow<\/strong> and former Representative <strong>John Fleming<\/strong>. The race is widely expected to head to a <strong>June runoff<\/strong>, as internal polling suggests no candidate will clear the 50% threshold in the May primary, creating a significant headache for the Republican establishment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Fed President Mary Daly signaled that a rate cut is &quot;not out of the question&quot; if the Iran 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