Global forecasting group sees U.S. inflation at 4.2% this year, much higher than Fed estimate

The forecast is a sharp step up from the prior projection of 2.8%. Moreover, it is much higher than the 2.7% Fed officials ...

The global economy is Iran’s hostage. Can it be released? With Edward Fishman

Iran’s de facto closure of the Strait of Hormuz has already rocked global oil markets and stock market indices, spooking everyone from politicians to central bankers. But if Iran wants to make matters ...

Iran is 'trying to give the global economy a heart attack' by closing Strait of Hormuz, UAE minister says

United Arab Emirates official Lana Nusseibeh criticized Iran's restrictions on the Strait of Hormuz and its use of ballistic ...

Global Economic Outlook: March 2026

Events in the Middle East have materially changed the near-term economic and financial outlook. Monetary policy expectations ...

War Knocks Global Economy With Dual Shock to Growth, Prices

The world economy’s first signs of a synchronized shock emerged in business surveys revealing how the Iran war’s fallout is ...