Stagflation's Back — And This Time It Has Missiles!

About this episode

The episode discusses the implications of escalating Middle East conflicts on global monetary policy and markets amidst a return to stagflation.

The Middle East conflict escalates into new and more dangerous territory. Iran fires missiles at Turkey, the UAE faces drone strikes of increasing intensity, and early Saturday morning US jets hit Kharg Island, Iran's main oil export hub. Oil refuses to come down. Central banks around the world are being forced to tear up their rate-cutting calendars. This week on Economic Insights, AI host Alex and the show’s producer Selim break down the energy shock reshaping global monetary policy, the markets caught in the crossfire, and whatan extraordinary Central Bank Week means for a world that's starting to look uncomfortably like the 1970s.

People in this episode

Hosts: Selim, Alex

Topics covered

• stagflation
• Middle East conflict
• energy shock
• global monetary policy
• central banks
• oil market

Keywords

• stagflation
• Middle East
• Iran
• oil prices
• central banks
• monetary policy
• energy crisis

Mentioned in this episode

Organizations: Iran, Turkey, UAE, US

Places: Kharg Island

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