IMF head warns Middle East war will lead to higher inflation and slower global growth

IMF head warns Middle East war will lead to higher inflation and slower global growth

Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth

Higher inflation and weaker growth ahead are inevitable for the global economy as a consequence of the Iran war, the head of the International Monetary Fund warned on Monday as…

Treasury yields held mostly steady with just hours to go before Trump’s latest deadline to bomb Iranian power plants if it doesn’t open the Strait of Hormuz.

Investors relieved by news of two-week ceasefire and temporary reopening of strait of Hormuz

The conflict has driven up prices of oil, natural gas, damaged refineries and other energy infrastructure.