
President Donald Trump backed off his threats to wipe out “a whole civilization". Instead, we have a ceasefire – at least for now. But how much damage has the conflict between Iran, the US and Israel already done to the global economy? Where will that damage show up next? And how long will the effects of the Iran shock be felt? Soumaya Keynes speaks to the FT’s economics commentator Chris Giles to discuss the economic consequences of the war and what policymakers should be doing to mitigate them.Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.Subscribe to Chris Giles on Central Banks here.Further readingThe Iran war shock is about half the size of Covid-19The ECB’s three-pronged monetary strategyPresented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music by Breen Turner. Sound design by Simon Panayi. The FT head of audio is Cheryl Brumley. Hosted on Acast. See acast.com/privacy for more information.
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