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Central banks and ratings agencies are warning of renewed inflation pressures linked to higher oil prices and geopolitical tensions. Markets show mixed expectations for interest rate moves by year-end.
insidermonkey.comAll three major US indexes fell more than 1 percent on Friday, retreating from artificial-intelligence-fueled record highs. Spiking crude prices ignited global inflation fears, according to Reuters. The pullback marks a sharp reversal after weeks of gains driven by technology sto…
sabcnews.comThe conflict between the United States, Israel, and Iran has led to the closure of the Strait of Hormuz, causing oil prices to increase significantly. The United Arab Emirates announced its departure from OPEC and OPEC+ effective May 1. Economic forecasts indicate potential impac…
Substrate placeholder — needs reviewThe Asian Development Bank warned that the Middle East crisis will weaken growth and increase inflation in the Asia Pacific region. The International Monetary Fund stated that the war in Iran could lower global growth and trigger renewed inflation with higher interest rates. Germ…