Madam Lagarde is concerned about the global economy. Is is she right about the economic fallout from the war in Iran more likely to be felt longer than shorter as US Treasury Secretary Scott Bessant uh has indicated. What's your view on this.>> So, Carol, thanks again for having me. Um I think she's absolutely right. Um and I'm particularly concerned for those countries that have K-shaped economies that are even more distorted than the United States.What we know is that this is a crisis that is hitting thos ...

Well, we're getting some fresh comments from New York Fed President John Williams. Steve Leeman has the details. Hi, Steve.>> Hey, Mike. Yeah, [music] he's talking about the conflict in the Middle East, saying he sees substantial risk and high uncertainty in the economic outlook from especially those events. He says the Middle East conflict could result in a large supply shock, and you guys were just talking about this, raising inflation on the one hand and dampening economic activity on the other, putting ...

Core Viewpoint - Barclays anticipates that the dollar will remain supported by high energy prices in the near term, but expects a broader weakening once Middle East tensions ease in a few months [1] Group 1 - The dollar is currently benefiting from elevated energy prices [1] - A decline in tensions in the Middle East is expected to lead to a weakening of the dollar [1]

Inflation Overview - UK inflation remained at 3% in February 2026, with rising energy prices expected to push inflation higher in the coming months [1] - Analysts warn that the current stability in inflation may be temporary due to disruptions in global oil and gas supply chains [2] Energy Prices and Inflation Outlook - Energy prices are identified as the main driver of UK inflation risk in 2026, with global oil prices rising sharply due to tensions in the Middle East [3] - Forecasts suggest inflation could rise to around 3.5% by mid-2026 if current conditions persist [3] Consumer Prices and Sector Impacts - February CPI data shows mixed trends, with clothing and household goods experiencing price increases while fuel prices declined [5] - Food inflation has eased recently, but supply chain disruptions and higher production costs may reverse this trend [5] Retail Sector Insights - Retail sector representatives indicate that margins are under pressure, with rising input costs limiting retailers' ability to absorb price increases [6] - Manufacturing data shows input costs rising at the fastest pace in decades due to increased energy and raw material prices [6] Monetary Policy and Market Expectations - The Bank of England is closely monitoring inflation while balancing price stability with economic growth risks [7] - Markets expect possible interest rate increases later in 2026 if inflation accelerates [7]

Energy prices likely to hit wider economy more quickly than in 2022, ECB's Sleijpen says | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Item 1 of 3 European Central Bank governing council member Olaf Sleijpen speaks at press conference for the publication of Dutch central bank's annual report in Amsterdam, Netherlands, March 24, 2026. REUTERS/Piroschka van de Wouw [1/3]European Central Bank governing council member Olaf Sleijpen ...

ROBERTA KING: Welcome back to another episode of In the Money. I'm Roberta King, a vice president and branch leader with Fidelity Investments. And I'm looking forward to today's conversation with Tony Zhang.Tony is the chief strategist of OptionsPlay. And Tony is also a frequent guest on CNBC. Tony, welcome.It's good to see you. And it's great to be back with you. TONY ZHANG: Thank you so much, Roberta.It's been a wild week-- so looking forward to diving into what has changed in the broader markets. ROBERTA ...

Core Insights - Crude oil prices remain stable despite potential U.S. sanctions relief on Iranian oil stranded at sea, which could impact prices in the short term [1] - Brent crude futures increased by 1.3% to $110.28 per barrel, while WTI futures saw a slight rise of 0.1% to $96.20 [2] - Citi has raised its near-term oil price forecast, predicting Brent and WTI could reach $120 per barrel within one to three months, with a worst-case scenario of $150 if conflicts escalate [3] Group 1 - U.S. Treasury Secretary indicated that Washington is considering unsanctioning approximately 140 million barrels of Iranian oil currently on tankers, which could help stabilize prices for about two weeks [1] - Israeli Prime Minister Netanyahu stated that Israel is collaborating with the U.S. to restore navigation through the Strait of Hormuz, emphasizing Iran's diminished military capabilities [2] - If supply disruptions continue into late April, Saudi energy officials predict oil prices could exceed $180 per barrel [4] Group 2 - Recent strikes on energy infrastructure in the Gulf, particularly affecting Qatar's Ras Laffan and refineries in Saudi Arabia and Kuwait, have contributed to a significant price increase, with Brent rising about 65% over the month [4] - Analysts highlight that the future trajectory of energy prices depends on the reopening of the Strait of Hormuz and the time required to restore damaged production capacity, with potential refining losses estimated at a minimum of 700,000 barrels per day [5] - To mitigate the impact on domestic consumers, the U.S. has utilized the Strategic Petroleum Reserve and issued a Jones Act waiver [6]

Gold steadied, after tumbling nearly 4% in the previous session, with the Federal Reserve warning of inflation risks tied to the Middle East war and surging energy prices https://t.co/RxitJ74wqj ...

Core Viewpoint - The oil-price shock due to the Iran crisis is expected to have lasting effects on U.S. pump prices, potentially impacting the political landscape in the upcoming midterm elections [1][5]. Oil Price Surge - U.S. crude oil prices have exceeded $100 per barrel for the first time since the 2022 Russia-Ukraine conflict, while diesel prices have risen above $5 per gallon, marking the highest levels since late 2022 [2]. - The disruptions in oil supply are primarily attributed to Iran's blockade of the Strait of Hormuz, a critical passage for approximately 20% of global oil [2]. Political Implications - Higher energy costs are viewed as a potential liability for the Republican Party in the midterm elections, as sustained high fuel prices could lead to voter dissatisfaction and impact election outcomes [5]. - Polls indicate that voters are increasingly concerned about the cost of living, which could favor Democrats in their bid for a House majority and a tighter control in the Senate [5]. Market Predictions - Analysts suggest that even if geopolitical tensions ease, elevated crude and gasoline prices are likely to persist due to the nature of energy price fluctuations, which tend to decrease more slowly than they increase [3][4]. - The expectation is that it will take time for oil prices to return to lower levels, indicating a prolonged period of high fuel costs [4]. Political Narrative - The Trump administration maintains that higher energy prices are a necessary sacrifice for national security, with expectations that prices will drop significantly post-conflict [3][7]. - However, experts argue that the tangible impact of gasoline prices on voters' perceptions makes it difficult for political narratives to mitigate concerns about affordability [6].

We did have a nice rally at the open. It's all but disappeared. Uh crude is now moving up.It was lower. The market liked it. Now crude is higher.Moving back towards 97 a barrel. Uh Weiss. I mean this seems pretty pretty obvious at this point.Stocks are going to have a hard time finding the footing that I suggest they're looking for. As long as the straight of Hormuz uh remains effectively closed, despite efforts by members of the administration to ease concerns about that, there are plenty of concerns and t ...