‘Mild stagflation’: Bank of America rips up economic forecasts, braces for $100 oil all year on Iran war disruptions

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Bank of America analysts are projecting slower growth, higher inflation, and $100 per barrel oil all year as a result of the Iran war — even if it ends within weeks.

“The war dividend so far: mild stagflation,” BofA economist Claudio Irigoyen and his team wrote in a note on

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