Middle East conflict raises risks to global economic outlook

Conflict in the Middle East may create new risks to the global economic outlook, leaving central bankers facing renewed inflationary pressures even as they continue to deal with the economic fallout of the COVID pandemic and Russia’s invasion of Ukraine a year ago. Iran-backed Hamas terrorists struck Israel over the weekend, killing at least 700 in the deadliest attacks the country has experienced in decades.

Federal Reserve officials have been monitoring a recent rise in U.S. Treasury bond yields for indications that investors may have pushed financial conditions beyond what’s needed to cool inflation and raised the risk of cooling the economy too dramatically – potentially derailing the Fed’s desired "soft landing" for this inflationary cycle. U.S.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Clearly Iran’s war with Israel’: GOP congressman traveling in Middle East warns of ‘sustained’ conflictCalifornia Republican Rep. Darrell Issa warned that the war between Israel and Hamas could escalate after hundreds were killed on Saturday in a surprise attack.
Source: FoxNews - 🏆 9. / 87 Read more »

Israel-Hamas conflict live updates: Israel declares war as death toll in Israel, Gaza passes 900Israeli forces responded to unprecedented attacks by Hamas militants from Gaza. Hezbollah said it attacked Israeli targets near the Lebanon border.
Source: washingtonpost - 🏆 95. / 72 Read more »

Israel-Hamas conflict live updates: Israel declares war as death toll in Israel, Gaza passes 1,000Israeli forces responded to unprecedented attacks by Hamas militants from Gaza. Hezbollah said it attacked Israeli targets near the Lebanon border.
Source: washingtonpost - 🏆 95. / 72 Read more »

Middle East conflict adds new risks to global economic outlookMiddle East conflict adds new risks to global economic outlook
Source: Investingcom - 🏆 450. / 53 Read more »

Middle East conflict adds new risks to global economic outlookThe outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic confidence at a time when they had expressed growing hope about containing the price surge sparked by the pandemic and Russia's 2022 invasion of Ukraine.
Source: Reuters - 🏆 2. / 97 Read more »

Israel and Hezbollah exchange fire in the north, opening a second front in Middle East warIsrael struck Iran-backed Hezbollah positions in Lebanon on Sunday in response to rocket and mortar attacks on its northern border in the second day of fending off Islamist militants.
Source: WashTimes - 🏆 235. / 63 Read more »