World Bank chief economist says escalating Middle East conflict could lift inflation and rates

World Bank chief economist says escalating Middle East conflict could lift inflation and rates

N
News Editor
2026-07-22 10:01:49
ChainCatcher, citing Jin10, reported that World Bank Chief Economist Gill said an escalation of the war in the Middle East and supply disruptions could push inflation higher, which in turn may drive interest rates up. The brief did not provide additional details beyond the attribution and the statement itself. The item was published as a 7x24 newsflash, with no further context, data points, or extended remarks included in the source text.
World BankMiddle Eastinflationinterest ratesJin10ChainCatchernewsflash

ChainCatcher, citing Jin10, reported that World Bank Chief Economist Gill said an escalation of the war in the Middle East and supply disruptions could push inflation higher, which may then lead to higher interest rates.

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