IMF Chief Warns War Shock Is Now Embedded in the Global Economy
TL;DR
IMF chief Kristalina Georgieva says the economic impact of the US-Iran conflict is already baked in and will likely drag on growth through the year due to energy disruptions and higher oil prices, with markets briefly rallying on a ceasefire before tensions escalated again as Hormuz tensions intensified.
- IMF director says shock from US-Iran War is already 'baked' into the economy Business Insider
- Finance world heads to Washington as politics and markets erupt politico.eu
- World Bank chief sounds alarm about looming jobs crisis even after war ends Reuters
- Opinion | Our Vacations. Our Food. Our Mortgages. The Iran War Will Change Our Lives. The New York Times
- Task for the week: limit the fallout from biggest oil shock in decades | Richard Partington The Guardian
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