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US inflation will soar to 4.2% if Iran war drags on, says OECD

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The OECD warns US inflation could rise to 4.2% this year if the war in Iran triggers a prolonged, historic disruption to oil supplies. Such an energy-driven inflation spike would risk materially slowing US economic growth.

Analysis

The OECD warns US inflation could rise to 4.2% this year if the war in Iran triggers a prolonged, historic disruption to oil supplies. Such an energy-driven inflation spike would risk materially slowing US economic growth.

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