The Iran conflict elevates oil-price risk and could raise near-term headline inflation, complicating the Fed's inflation-fighting mandate. Hassett also flagged high oil prices and AI-driven disruption to employment as downside risks to growth and labor markets, suggesting a more cautious macro outlook for policymakers and investors.
The Iran conflict elevates oil-price risk and could raise near-term headline inflation, complicating the Fed's inflation-fighting mandate. Hassett also flagged high oil prices and AI-driven disruption to employment as downside risks to growth and labor markets, suggesting a more cautious macro outlook for policymakers and investors.
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mildly negative
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-0.25
