Mark Zandi Warns Iran War Is Fueling Inflation, Pushing Investors Toward Fed Rate Hike Bets: 'Lawmakers Need to Address the Nation’s Darkening Fiscal Outlook'
Mark Zandi warns the Iran war is fueling inflation, pushing the 10-year Treasury yield toward 4.75% and shifting investors from Fed cuts to rate hikes.
When there's conflict in the world, prices for things can go up, which makes investors think the Federal Reserve might raise interest rates instead of lowering them. This matters because higher interest rates can affect how expensive it is for companies and people to borrow money.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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