Europe's central banks are no longer in a 'good place' as Iran war upends forecasts
The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
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The war in Iran has upset the economic equilibrium Europe threatening energy supplies, growth and the outlook for consumer prices, upsetting economic forecasts.
Also in this newsletter: DHL Express Europe looks on the bright side
Chief Cabinet Secretary Minoru Kihara told reporters "A significant policy shift is not something that is happening right now."
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World leaders are scrambling to contain a spiraling Middle East conflict on Thursday after Israel and Iran traded strikes on gas production facilities.
The Bank of Japan kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war.
Oil prices jumped as markets react to escalating tensions after Qatar said Iranian missile strikes damaged a key liquefied natural gas export facility.
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