The Iran conflict risks driving “cost‑push” inflation in Japan through higher energy costs, not the wage‑driven price increases the BOJ wants. Analysts estimate oil price spikes could add 0.3%–0.7% to ...

The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue. By Colby Smith and Ben Casselman Colby Smith covers the Federal Reserve. Ben ...

The impact of the Iran war on global oil prices could push the rate of inflation facing U.S. consumers higher, which would leave Federal Reserve policymakers in a difficult spot as they weigh possible ...

Global inflation is now projected to reaccelerate to around 4% in 2026, reversing earlier expectations of steady decline. The OECD warns energy shocks from the Middle East conflict are the primary ...

The OECD on Thursday issued a somber warning about the economic impact of the Iran war if it drags on, saying inflation could reach a painful 4.2% in the US this year. “The breadth and duration of the ...

Federal Reserve Vice Chair Philip Jefferson in 2024. Three members of the Federal Reserve's rate-setting committee said Thursday that inflation risks are rising due to the ongoing war in Iran.

The U.K. inflation rate stood firm at 3% in February, unchanged from the previous month. The figures from the Office for National Statistics marked the last reading before the start of the Iran war.

Rising geopolitical tensions between the United States and Iran are reverberating through global energy markets, driving oil prices higher and complicating the path to price stability and inflation.

FRANKFURT, March 19 (Reuters) - The European Central Bank raised its inflation projections on Thursday on higher energy costs and said there was a risk of price growth going even higher in case of ‌a ...

The global economy would suffer a large setback to growth if energy prices rise further and stay high for a lengthy period in response to the conflict in the Middle East, while inflation in the U.S.

Market volatility continues amid disagreements over a ceasefire deal between the United States and Iran to end the Middle East war. (Photo by ANGELA WEISS / AFP via Getty Images) Armed conflicts have ...