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The Economic Times
The Economic Times

Charting the global economy: Iran war continues to cloud outlook

The outlook for the global economy grew more uncertain this week as tensions flared between the US and Iran.

The International Monetary Fund underscored the lingering risks for growth and inflation from the conflict in the Middle East, and Bloomberg Economics warned elevated interest rates are here to stay.

Meanwhile, a rapid expansion in Japan’s bank lending suggests the central bank has room to keep raising rates. And in the US, high borrowing costs continue to weigh on the housing market, one of the sectors most sensitive to interest rates.

Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

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