Skip to main content

Prolonged Iran conflict poses stability risks – Barr and Woods

Fed governor and UK’s PRA chief also make renewed case for central bank independence

Michael Barr and Sam Woods
Michael Barr (left) and Sam Woods

Prolonged conflict in the Middle East could push up inflation for longer and place additional pressure on job markets globally, Michael Barr has said. 

At an event on May 5 by Magdalen College in Oxford, the Federal Reserve governor said elevated global energy prices could “bleed over” into other goods and services. “The longer they stay higher, the more pressure it puts on inflation, and the more it’s likely to increase stresses in the labour market globally, [although] more seriously in Europe

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.