IMF warns about risk of global recession as Iran war impacts energy costs – CBS News Watch CBS News The International Monetary Fund is warning about the risks of a global recession in its World Economic Outlook report as the U.S.-Israeli war with Iran impacts oil prices. CBS News business contributor Javier David has more. … Read more
JPMorgan Chase CEO Jamie Dimon tells “CBS Evening News” anchor Tony Dokoupil he doesn’t know if the war in Iran will push the economy into a recession, but, “I think what’s more important for the future of the world is that this war successfully conclude.” Source link
The Iran war raises the risk that the U.S. will tumble into a recession within the next 12 months, according to economists and Wall Street analysts. Goldman Sachs analysts this week estimated that higher global energy prices would boost U.S. inflation by 0.2 percentage points to 3.1% by the end of the year, putting a … Read more