War Takes Its Toll but Relief Is in Sight
2 Articles
2 Articles
The war in the Middle East continues to be marked by negotiations between the U.S. and Iran, although the situation on the ground remains extremely unstable. U.S. President Donald Trump maintains that there is progress in reaching an agreement that limits the Iranian nuclear program and reduces tension in the region, while Tehran insists that it will continue to defend its interests against any military pressure. Despite diplomatic contacts, exc…
War takes its toll but relief is in sight
A tentative U.S.-Iran ceasefire extension could help lower oil and gasoline prices. Falling energy costs may reduce inflation to around 2.5% by year-end, according to the analysis. Lower inflation could push bond yields and mortgage rates lower in the coming months. Economic prospects for the U.S. and global markets remain closely tied to developments in the conflict. The U.S. and Iran appear to have reached a tentative deal to extend …
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