Iran Strikes Spark Inflation Fears and Higher Interest Rates

The recent US-Israeli strikes on Iran have sent shockwaves through global markets, reigniting concerns about inflation and its impact on interest rates and asset prices.

Bond market signals are mounting that the US economy may be facing a period of higher-for-longer interest rates, which could challenge the crypto market's bullish outlook.

According to former Treasury Secretary Janet Yellen, the Iran conflict puts the Fed 'even more on hold', making policymakers even more reluctant to cut rates. She warned that inflation is already running at 3%, with Trump-era tariffs contributing half a point to that pace.