Fitch Expects U.S.-Iran Conflict to Weigh on GDP Growth and Lift Inflation and Bond Yields

Fitch said it expects a U.S.-Iran conflict to weigh on GDP growth, push up inflation and bond yields, and increase geopolitical risks for sovereign countries globally. According to Jin10, Fitch described the conflict as a factor that could add to global sovereign geopolitical risk while also pressuring macroeconomic conditions through weaker growth and higher inflation and yields.