Daily Global-Macro Brief LIVE

Macro/Economy 2

  • Average US household pays $447.19 extra on energy costs since Iran war began
  • Cumulative cost to consumers: nearly $60 billion
  • Potential $2,000 hit to average household at one-year mark
  • Euro area households revised inflation expectations upwards by 2.5% after the Iran war
  • Economic growth expectations fell by 1.2% in the same period
  • Oil prices remain 30% above pre-Iran war levels