BlackRock warns of energy shock as May CPI is set to show acceleration in inflation

CoinDesk Staff

(12:58 PM UTC)

1 min read

BlackRock is closely watching Wednesday's CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.

BlackRock is closely watching Wednesday’s May U.S. inflation report for the first clear signal of how the U.S.-Iran conflict is feeding into already sticky prices.

"We look to May U.S. inflation figures for a clearer read on how the Mideast conflict…

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