Persian Gulf Crisis Spurs Inflation, Prolongs High Rates in EU, US

The escalation of the Persian Gulf crisis is expected to fuel a new wave of inflationary pressures, prompting the EU and US to maintain high interest rates for at least another year. This will raise borrowing costs, particularly for housing loans, dampen consumption, and freeze some investments until fuel prices and rates stabilize. The analysis is forward-looking and based on current crisis dynamics.