Rising Oil Costs and Rates Stoke Stagflation Fears
Surging energy prices and higher global borrowing costs driven by Middle East conflict are raising stagflation fears. Stock markets remain resilient due to AI spending, but consumer strain and rising inflation threaten growth.
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Global borrowing costs and Brent Crude Oil futures surged past $100 a barrel over the summer, driving economies toward a stagflation cycle. The Middle East conflict threatens key supply routes, pushing energy prices sharply higher.
