Here's how much the Iran war is costing US households, according to Moody's
The ongoing war in Iran has weighed on consumers and completely offset the benefits of Trump's tax cuts, Moody's Mark Zandi said.
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The ongoing war in Iran has weighed on consumers and completely offset the benefits of Trump's tax cuts, Moody's Mark Zandi said.
Moody's warns Trump's Iran War costs US households $750, delivering a massive economic blow as surging gas prices erase recent tax refunds.
Oil prices could soar again absent a peace deal with Iran, Zandi said. Crude saw a fresh spike on Monday as US-Iran talks appeared to stall.
Economists Zandi and Yardeni warn Trump's Iran War spooks the Fed, risking 'unmoored' inflation, July rate hikes, and a weaker economy.