Central Banks Face Policy Trap as Iran War Drives Inflation Shock Amid Fading Growth
The war in Iran has thrust the world’s major central banks into a familiar—and deeply uncomfortable—position. Just as inflation pressures were easing and policymakers were preparing to move toward rate cuts, a surge in energy prices driven by disruptions in the Middle East is complicating the global outlook. The result is a worsening policy dilemma: […]
