Goldman Sachs warns oil spike may hit global GDP
after close1 source ↓written by the desknot a recommendation
- core inflation
- 0.1-0.2%
A surge in oil prices linked to the Iran conflict could reduce global GDP by 0.3% over the next year, according to Goldman Sachs. The bank forecasts that rising energy prices will elevate headline inflation by 0.5-0.6% and core inflation by 0.1-0.2%. This economic impact is primarily confined to energy markets, minimizing broader supply chain disruptions.
Not investment advice. For informational purposes only.