Top Fed official warns Iran war could spark ‘lasting’ price shock
Fed official warns Iran war could cause lasting inflation due to higher oil prices and tariffs.
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top fed official christopher waller warned that a war with iran could trigger a lasting price shock. he pointed to the combination of higher oil prices and donald trump's proposed tariffs as a recipe for prolonged inflation. waller's comments highlight the fed's growing concern about external shocks derailing its fight against inflation.
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