“The inflation rate in the United States will average 4.2 percent this year, more than 1 percentage point higher than the group’s previous forecast, made late last year, the Paris-based organization said. Across the Group of 20 nations, inflation is forecast to average 4 percent this year, 1.2 percentage points higher than previously expected.”
“The global economy is projected to grow by 2.9 percent this year, an unchanged forecast, supported by spending on artificial intelligence.”
“The resilience of the global economy is now being tested,” the O.E.C.D. said in a report. There is a “significant” risk to its projections if there are persistent disruptions to exports from the Middle East.”
“Higher energy and fertilizer prices and the unpredictable nature of the evolving conflict in the Middle East will add to inflation and weigh on demand,” the O.E.C.D. said.”
“In the United States, growth momentum from the beginning of this year is expected to be offset by a slowdown in consumer spending. At the same time, the impact of higher energy prices will outweigh the effect from lower tariff rates on imports. The jump in inflation [narrows the chances that the Federal Reserve](https://www.nytimes.com/2026/03/19/business/fed-rate-cut-iran-war.html) will be able to cut interest rates this year.”
themiracy on
🎼War (HUH!) what is it good for? Causing inflation.🎶
People laughed about the concern for the long term loss of confidence in the dollar as a global reserve currency or US T-bills as a global safe harbor when it was brought up in this sub even two years ago and now here we are… at war with (checks notes) Iran because (checks notes) 🤷♀️ since we don’t seem to be actively engaged in any actually worthy endpoint such as ending the regime.
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“The war in Iran will lead to a surge in inflation this year, as the closure of the Strait of Hormuz pushes up prices for oil, gas and other commodities, [the Organization for Economic Cooperation and Development said](https://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2026_d4623013-en.html) on Thursday.”
“The inflation rate in the United States will average 4.2 percent this year, more than 1 percentage point higher than the group’s previous forecast, made late last year, the Paris-based organization said. Across the Group of 20 nations, inflation is forecast to average 4 percent this year, 1.2 percentage points higher than previously expected.”
“The global economy is projected to grow by 2.9 percent this year, an unchanged forecast, supported by spending on artificial intelligence.”
“The resilience of the global economy is now being tested,” the O.E.C.D. said in a report. There is a “significant” risk to its projections if there are persistent disruptions to exports from the Middle East.”
“Higher energy and fertilizer prices and the unpredictable nature of the evolving conflict in the Middle East will add to inflation and weigh on demand,” the O.E.C.D. said.”
“In the United States, growth momentum from the beginning of this year is expected to be offset by a slowdown in consumer spending. At the same time, the impact of higher energy prices will outweigh the effect from lower tariff rates on imports. The jump in inflation [narrows the chances that the Federal Reserve](https://www.nytimes.com/2026/03/19/business/fed-rate-cut-iran-war.html) will be able to cut interest rates this year.”
🎼War (HUH!) what is it good for? Causing inflation.🎶
People laughed about the concern for the long term loss of confidence in the dollar as a global reserve currency or US T-bills as a global safe harbor when it was brought up in this sub even two years ago and now here we are… at war with (checks notes) Iran because (checks notes) 🤷♀️ since we don’t seem to be actively engaged in any actually worthy endpoint such as ending the regime.