Global Markets· Americas
U.S. Economic Data Shows Weak Growth and High Inflation Amid Iran Conflict Oil Surge
On March 13, 2026, U.S. economic indicators revealed decelerating GDP growth and elevated core inflation, coinciding with a spike in oil prices due to military actions against Iran. This situation is triggered by recent U.S. and Israeli military operations that disrupted oil supplies, pushing crude prices above $100 per barrel. Long-term implications may include increased inflationary pressures on households and businesses, potentially leading to a reevaluation of Federal Reserve monetary policy.
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