{"id":427043,"date":"2026-05-05T20:39:25","date_gmt":"2026-05-05T20:39:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/427043\/"},"modified":"2026-05-05T20:39:25","modified_gmt":"2026-05-05T20:39:25","slug":"inflation-concerns-spike-globally-amid-iran-standoff","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/427043\/","title":{"rendered":"Inflation concerns spike globally amid Iran standoff"},"content":{"rendered":"

Energy shortfalls sparked by the Iran war drove intensifying inflation worries worldwide. <\/p>\n

Australia\u2019s central bank raised interest rates<\/a> and prices in the Philippines increased far faster than expected<\/a>, while public companies\u2019 warnings of having to pass on costs to consumers rose to their highest level<\/a> since Russia\u2019s 2022 invasion of Ukraine. HSBC, meanwhile, warned in a note to clients that food costs in particular were likely to rise thanks to the energy shock sparked by the conflict and the expected onset of the El Ni\u00f1o climate phenomenon. <\/p>\n

European and US central banks have held off on rate hikes to avoid hurting growth and labor markets<\/a>, but rapidly rising inflation could force them to follow Australia\u2019s lead.<\/p>\n","protected":false},"excerpt":{"rendered":"Energy shortfalls sparked by the Iran war drove intensifying inflation worries worldwide. Australia\u2019s central bank raised interest rates…\n","protected":false},"author":2,"featured_media":427044,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-427043","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/427043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=427043"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/427043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/427044"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=427043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=427043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=427043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}