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Uncertainty over Iran’s War Hits Stock Exchanges without Unleashing Panic in Markets · Global Voices
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Uncertainty over Iran’s War Hits Stock Exchanges without Unleashing Panic in Markets · Global Voices
In the Midday program at COPE León, the Director of Renta 4 León, Juan Pablo García Valadés, has analyzed the current high uncertainty caused by the war in Iran. This situation has led the majority of central banks to opt for prudence and not move interest rates, from the Federal Reserve to the ECB. As he explained, "no one can know precisely how long the conflict will last or how far oil can go up", which introduces a double risk: inflation and…
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