Yardeni Says Inflation, Fed Back in Play on Iran Crisis

Ed Yardeni flags that renewed fighting with Iran could push oil prices higher, re-igniting inflation concerns. He argues this inflation pressure may compel the Federal Reserve to hike interest rates. The implication is a near-term risk to risk assets via higher oil-driven inflation expectations.

Analysis

Ed Yardeni flags that renewed fighting with Iran could push oil prices higher, re-igniting inflation concerns. He argues this inflation pressure may compel the Federal Reserve to hike interest rates. The implication is a near-term risk to risk assets via higher oil-driven inflation expectations.