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If the War Drags On, Rates Could Rise, Rochester Says

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsCurrency & FXMonetary PolicyInterest Rates & YieldsInvestor Sentiment & Positioning

War in Iran risks pushing oil prices higher and lifting the dollar, Jordan Rochester (Mizuho) says on Bloomberg. That could prop up energy-driven inflation and complicate US and European central banks' policy paths—potentially delaying rate easing or keeping policy tighter—while encouraging safe-haven FX flows.

Analysis

War in Iran risks pushing oil prices higher and lifting the dollar, Jordan Rochester (Mizuho) says on Bloomberg. That could prop up energy-driven inflation and complicate US and European central banks' policy paths—potentially delaying rate easing or keeping policy tighter—while encouraging safe-haven FX flows.

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