Iran War Pushes Inflation Higher, Makary Out as FDA Chief, More

Bloomberg's news rundown highlights that the Iran war is pushing inflation higher, pointing to renewed upside pressure on prices. The update also notes Makary is out as FDA chief, but no further details are provided in the text. The main market implication is macro: geopolitics is becoming more inflationary, which could affect rates and risk sentiment.

Analysis

Bloomberg's news rundown highlights that the Iran war is pushing inflation higher, pointing to renewed upside pressure on prices. The update also notes Makary is out as FDA chief, but no further details are provided in the text. The main market implication is macro: geopolitics is becoming more inflationary, which could affect rates and risk sentiment.