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Iran War Ceasefire Just Crushed the Odds of a Recession By 10%

Summary by 247wallst.com
The post Iran War Ceasefire Just Crushed the Odds of a Recession By 10% appeared first on 24/7 Wall St.. Quick Read Recession odds on the Kalshi prediction market plummeted from 41%+ to 21.6% following Trump’s decision to pause naval escorting operations near the Strait of Hormuz, marking the lowest level since early March and reflecting diminished inflation shock risks to the global economy. Trump’s pause on “Project Freedom” operations sign…

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247wallst.com broke the news in New York, United States on Wednesday, May 6, 2026.
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