Capital Economics says fears of global central bank tightening from Iran conflict overdone; expects developed-market inf to rise to 3% to 4% but sees low risk of second-round effects; only prolonged Strait of Hormuz blockade would force central banks to hike through 2027

2026-05-27

Capital Economics says fears of global central bank tightening from Iran conflict overdone; expects developed-market inf to rise to 3% to 4% but sees low risk of second-round effects; only prolonged Strait of Hormuz blockade would force central banks to hike through 2027