Iran war will leave an inflation scar on the U.S. through 2027, IMF says
AI Summary
The International Monetary Fund forecasts that the Iran conflict will cause prolonged inflation effects in the U.S. through 2027. Although the initial economic impact was less severe than expected, inflation is predicted to remain high for several years.
The conflict with Iran hasn’t hurt the U.S. and global economies as much as expected, but it will leave a lasting legacy: Another bout of high inflation that won’t disappear quickly.