Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say | Crypto Craft

  • Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say

    From cnbc.com

    Inflation fears are back on the table, amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated, according to analysts. BlackRock estimates that the conflict will add around 0.8 percentage points to global headline inflation, though the impact may not be uniform across all regions. Europe and parts of Asia, which are more reliant on energy imports, will remain more exposed to global headline inflation, BlackRock said in a note. OCBC agreed, in a report saying that “with labor market data pointing to stabilization rather than deterioration, a ... (full story)

Comment Options
Trader#91C4
8 hr ago
Permalink
ah inflation.. thats why gold went up.

Inflation rises, but the Fed does nothing → Gold ↑
So far dont hear anything yet on what Fed is potentially doing on rate hike or cut rate. Is just keeping same.

correct me if im wrong
Reply
zeusmo
4 hr ago
Permalink
They’ll most likely hike rates if inflation keeps rising.. that’s what’s boosting usd strength on other currencies.
Reply
View 0 more replies to Trader#91C4
Hide replies to Trader#91C4

  • Related Stories

Trump: Every time Iran kills an American Soldier they will pay for that killing many times over!
From @realDonaldTrump | 21 hr ago | 110 comments
Every time Iran kills an American Soldier they will pay for that killing many times over! This directive has been passed on to Secretary of War, Pete Hegseth, Chairman of the Joint Chiefs of Staff, Daniel Caine, and every Leader in the Military. President DONALD J. TRUMP
Inflation demands stimulus removal
From bnz.co.nz | 11 hr ago
Inflation is a problem in New Zealand. Today’s Consumers Price Index is a strong confirmation of this. Yes, we all know fuel prices are currently the main contributor to households’ cost of living misery, and this will be the focus of most headline writers. But the worrying aspect of today’s data is not the impact of fuel but the depth and breadth of price ...
Bitcoin Roaring Back As AI Stocks Surge
From tickmill.com | 2 hr 49 min ago
BTC Bouncing Back Bitcoin prices are pushing higher again today with the futures market up almost 2% on the day, now up almost 4% off the week’s lows. The move higher comes amidst a fresh surge in institutional demand as BTC ETFs post their fifth consecutive day of inflows. Total ETF inflows topped $727 million as of yesterday, making the biggest run of ...
  • Story Stats