Energy shock from Middle East conflict keeps U.S. inflation hotter, OECD warns
TL;DR Summary
The OECD’s outlook says the Middle East conflict will disrupt energy markets and push U.S. inflation higher than previously forecast, with headline inflation around 4.2% this year and easing toward 1.6% by 2027. U.S. growth is expected near 2% this year but to slow thereafter, and persistent energy-price pressures could keep central banks cautious, as energy disruptions remain a key risk to global inflation and growth.
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