Global Stocks Slide as Oil Jumps and Rate-Hike Bets Rise
Global markets declined due to inflation fears from Middle East tensions, driving up oil prices and increasing US interest rate hike expectations.
15 May 2026
Global markets declined due to inflation fears from Middle East tensions, driving up oil prices and increasing US interest rate hike expectations.
Asset managers warn Iran conflict could spark Fed rate hikes due to inflation risks, defying market expectations for stable rates.
