stagflation

Economists raise inflation forecasts for 39 of 50 major economies amid Middle East war

Nearly 500 economists surveyed by Reuters have raised their inflation forecasts for 39 of 50 major economies this year, warning that persistently high prices will continue to weigh on the global economy as the war in the Middle East grinds…

Oil hits $100 as new U.S. tariffs and rising yields stoke stagflation fears

The global economy entered a volatile new phase this week as oil prices hit $100 a barrel, the Trump administration imposed sweeping tariffs on 60 trading partners, and bond yields surged — reviving fears of stagflation not seen at this…

ECB hikes rates for first time in 3 years as Iran war fuels inflation

The European Central Bank raised interest rates on Thursday, lifting its deposit facility rate by 25 basis points to 2.25% in what marks the institution's first hike in nearly three years as the war in Iran drives energy prices and…