Bank of America warns “mild stagflation” as Iran war may keep oil near $100, cuts US growth to 2.3% and raises inflation to 3.6% for 2026

    https://finance.yahoo.com/news/mild-stagflation-bank-of-america-rips-up-economic-forecasts-braces-for-100-oil-all-year-on-iran-war-disruptions-163951466.html

    Posted by callsonreddit

    17 Comments

    1. FreshestCremeFraiche on

      If you’ve been experiencing mild to moderate stagflation, ask your doctor about Yabrokenow

    2. Wind_Best_1440 on

      Oil going from $52 a barrel to $100 a barrel for long term is going to be “Mild Stagnation?”

      Get out of here. Lmao.

    3. Straight-Ad6926 on

      I always look to big banks for warnings about the future. It’s not like they’ve ever been blindsided by a crisis they helped curate. Their track record is spotless.

    4. To be clear, we’ll still have $100 oil, even after Trump declares “mission accomplished” tonight, even though Iran still controls the Straight of Hormuz, plus now has their sanctions lifted.

      So we get all the negatives of the war, despite the Trump declaration that it’s over, unless you’re an oil company or defense contractor.

    5. Surprise_Special on

      More lies. Stagflation would be better than what’s really happening. Our government doesn’t give two sh*ts about the average citizen. Term limits, ban wealthy donors, and dark money.

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