US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shock
Federal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oil prices and supply chain disruptions are now seen as persistent threats, potentially leading to further interest rate hikes and extended periods of high inflation.
Federal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oil prices and supply chain disruptions are now seen as persistent threats, potentially leading to further interest rate hikes and extended periods of high inflation.
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