Key takeaway: Federal Reserve Gov. Michael Barr said rising energy costs — already rising in part due to increased electricity demand from data centers — could be made worse by the Iran war, but how much worse depends on how long the Strait of Hormuz remains closed. Expert quote: “The most immediate effect is a […]
Fed’s Barr says gas prices could ‘bleed’ into inflation Read More »
Key insight: Inflation accelerated in March, driven primarily by a surge in energy prices since the onset of the U.S. war in Iran. Supporting data: The Consumer Price Index, a monthly indicator of consumer inflation, rose 0.9% in March and 3.3% year-on-year. Gasoline prices were up 21.2% in March, accounting for three-quarters of the overall
Energy prices drive up inflation to 0.9%in March Read More »
Markets are just starting to digest and react to the events unfolding across the Middle East after this weekend’s attack on Iran by the U.S. and Israel. Processing Content The most recent attacks are an escalation of the military exchange between the U.S and Israel against Iran last summer. But while those attacks were focused
The big risks banks face in the US-Iran conflict Read More »