Central banks risk a recession by raising rates to tackle Iran oil shock, strategist warns

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Source: CNBC
Published: 2026-05-05 23:36 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
Central banks risk a global recession by raising interest rates in a bid to contain soaring energy costs, an analyst has said.
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