Signs that global economic growth could take a serious hit due to US-Iran war are mounting

Signs that the global economy is suffering from the fallout of the US-Iran war are growing latest outlook

Under a prolonged disruption scenario, OECD expects global growth to come in at 2.1% in 2026 and 1.8% in 2027

The energy shock is doing most of the damage.

Global inflation could be 0.4 percentage points higher this year and 1.3 points higher in 2027

At the same time Bloomberg

All of these data points are putting policymakers between a rock and a hard place.

The developing world is already acting fast Bloomberg

As for the US Federal Reserve, some Fed policymakers are pushing for rate increases already placing a more than 60% chance

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