{"id":465284,"date":"2026-05-29T00:46:23","date_gmt":"2026-05-29T00:46:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/465284\/"},"modified":"2026-05-29T00:46:23","modified_gmt":"2026-05-29T00:46:23","slug":"central-bank-leaders-warn-of-long-term-inflation-impact-of-iran-war","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/465284\/","title":{"rendered":"Central bank leaders warn of long-term inflation impact of Iran war"},"content":{"rendered":"<p>Leaders of major global central banks warned of growing, long-term inflationary pressure stemming from the Middle East conflict. <\/p>\n<p>Traders are now <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html?redirect=\/trading\/interest-rates\/fed-funds.html\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">betting on at least one Federal Reserve rate increase<\/a> this year, compared to projections a month ago of policymakers holding firm or even lowering borrowing costs, with the president of the Chicago Fed telling CNBC that \u201c<a href=\"https:\/\/www.cnbc.com\/2026\/05\/28\/goolsbee-iran-energy-inflation-asia-stagflation-shock-ai-artificial-intelligence-jobs.html\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">inflation has not proved as temporary as was advertised<\/a>.\u201d <\/p>\n<p>The Bank of Japan\u2019s governor, meanwhile, suggested that what may have initially been a short-term impact on prices \u201c<a href=\"https:\/\/www.japantimes.co.jp\/business\/2026\/05\/27\/economy\/boj-ueda-warning-oil-inflation\/\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">can become persistent<\/a> if it changes wages, expectations, and price-setting behavior,\u201d and the European Central Bank\u2019s chief economist warned that \u201c<a href=\"https:\/\/www.reuters.com\/markets\/europe\/ecb-chief-economist-sees-persistent-impact-inflation-iran-war-2026-05-28\/\" class=\"_linkEmbed_10lxo_29\" rel=\"noopener nofollow\" target=\"_blank\">second-round [effects] will be with us for a while<\/a>.\u201d<\/p>\n<p><img src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/05\/62de7a3a97a126a7f736a4ca3b6dca4ecb7f1dea-1599x1443.jpg\"  alt=\"A chart showing the US inflation rate.\" width=\"740\" height=\"667\" decoding=\"async\" loading=\"lazy\" fetchpriority=\"high\" class=\"_imageEmbed_1jdgl_38 _fullContentArea_1jdgl_42\" style=\"max-width:100%;color:transparent\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"Leaders of major global central banks warned of growing, long-term inflationary pressure stemming from the Middle East conflict.&hellip;\n","protected":false},"author":2,"featured_media":465285,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-465284","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\/465284","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=465284"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/465284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/465285"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=465284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=465284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=465284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}