War Knocks Global Economy With Dual Shock to Growth and Prices

Business surveys indicate a synchronized global shock from the Iran war, weakening growth momentum and lifting prices across economies. The conflict is acting as a supply-side shock—particularly in energy and commodity markets—raising inflationary pressures and increasing downside risk to growth, prompting risk-off positioning for investors.

Analysis

Business surveys indicate a synchronized global shock from the Iran war, weakening growth momentum and lifting prices across economies. The conflict is acting as a supply-side shock—particularly in energy and commodity markets—raising inflationary pressures and increasing downside risk to growth, prompting risk-off positioning for investors.