


According to Jinshi reports, the president of the World Bank stated that the war is expected to lead to an increase in inflation of up to 300 basis points, but if the conflict continues, inflation could be "much higher."
According to Jinshi reports, San Francisco Fed President Daly stated on Wednesday that despite the uncertainty and volatility brought by the Iran war, the fundamentals of the U.S. economy remain in "good shape." She pointed out that consumers are still spending and businesses are still investing. Da...
According to Jinshi reports, International Monetary Fund (IMF) President Kristalina Georgieva stated that the Middle East war will lead to increased inflation and may slow down global economic growth.