Economics Daily

Iran War Just Canceled a Better Economic Outlook for the World

Imagine an alternative reality where Donald Trump opted against attacking Iran.
Blast damage following a missile attack by Iran in Tel AvivPhotographer: Kobi Wolf/Bloomberg
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I’m Craig Stirling, a senior economics editor in Frankfurt. Today we’re looking at William Horobin’s reporting on forecasts for the world economy in the wake of the Iran war. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.

Just for a moment, imagine an alternative world where US President Donald Trump opted against attacking Iran, sparing consumers and businesses from the prospect of another war-induced inflation shock.