The Federal Reserve held interest rates steady at the conclusion of its policy meeting on Wednesday.  In what could be  Jerome Powell's last as chair before President Donald Trump's yet-to-be-confirmed nominee Kevin Warsh  takes the helm, central bankers maintained the federal funds rate in a target range of 3.5% to 3.75%.  Inflation  has surged since the war with Iran began, leaving policymakers with limited room to act, according to Sean Snaith, the director of the University of Central Florida's Institute for Economic Forecasting. "We're in a kind of suspended animation — between Iran and the Fed transition," Snaith said.…