Inflation and Interest Rates' Outlook Ceded After U.S.-Iran Ceasefire. It Is Going Up Again As it Resumes

Source: International Business Times

Investment giant BlackRock estimated that the conflict with Iran is expected to increase global headline inflation by approximately 0. 8 percentage points. AFP Rising tensions in the Middle East are once again making analysts concerned about inflation, as persistently elevated oil prices threaten to raise consumer costs and keep central banks on a cautious path.