By
Naomi Buchanan
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Frederic J. BROWN / AFP via Getty Images
Here's how much the Iran war is costing US households, according to Moody's
The ongoing war in Iran has weighed on consumers and completely offset the benefits of Trump's tax cuts, Moody's Mark Zandi said.
TL;DRAI
Moody's: Iran conflict cost $100B in three months for US households, with oil surge and supply chain hits outpacing tax cut benefits. Savings rates collapsing and consumer spending weakening—clear recession signal impacting corporate budgets and IT investment.
493 words~2 min read
