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Fed's Goolsbee says Iran war impact looking more like an inflationary shock

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The U.S.-backed war against Iran is ​looking increasingly like an ‌inflationary shock to the economy, with little apparent impact yet on ​jobs and growth but ​concerns rising about tangled supply chains ⁠and more persistent price ​increases, Chicago Federal Reserve President ​Austan Goolsbee said on Wednesday.

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