Macro Matters: Is war-driven inflation still transitory?

The Fed’s inflation-fighting credibility is in doubt as the Iran war triggers an oil shock that could push back the timeline for the central bank to reach its 2% target. Mark Fleming from First American told Reuters that markets and consumers are already questioning what could happen if upward pressure on prices persists. #Markets #economy #business #iranwar #usa #News #Reuters #Newsfeed 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en