Oil price surge will hurt US growth and fuel inflation, say economists
FT-Booth Survey shows unease about impact of the conflict on growth and prices Grouped from 2 articles across 2 sources.
Rising oil prices and the fallout of the Iran war are worsening the economic divide, experts say. Grouped from 6 articles across 3 sources.
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FT-Booth Survey shows unease about impact of the conflict on growth and prices Grouped from 2 articles across 2 sources.
There are fears that a period of elevated oil and gas prices could trigger a damaging wave of global inflation.
The ASX is set to plunge at the open, while oil prices continue to make strong gains. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The Federal Reserve on Wednesday released its decision in interest rates. Grouped from 12 articles across 7 sources.
The U.S. and Israel's war with Iran has upended the supply of aluminum in the Middle East, sending prices of the base metal skyrocketing.
Short-term borrowing costs jump to highest level since last summer as central bankers lift forecasts for price growth