Top economists warned the inflation fight is not over, with Mohamed El-Erian saying the Fed may need to keep rates higher for longer. Rising oil prices tied to Iran tensions add an inflationary risk, reinforcing a cautious outlook for policy and markets. The piece suggests persistent pressure on yields and risk assets if energy costs remain elevated.
Top economists warned the inflation fight is not over, with Mohamed El-Erian saying the Fed may need to keep rates higher for longer. Rising oil prices tied to Iran tensions add an inflationary risk, reinforcing a cautious outlook for policy and markets. The piece suggests persistent pressure on yields and risk assets if energy costs remain elevated.
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mildly negative
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