SOTS 2nd Hour: Israel-Iran Conflict Latest, G-7 Meeting Begins, & FOMC Predictions 6/16/25
Squawk on the Street
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Economic Tensions and Global Dynamics
This chapter delves into the economic implications of tariffs on inflation and job growth, touching on the current job market and potential Federal Reserve policy changes. It covers the G7 summit's discussions on trade and tariffs, including the strained interactions among leaders and the status of the USMCA negotiations. Additionally, the chapter examines the Israel-Iran conflict and its repercussions on energy markets, highlighting the ongoing geopolitical tensions shaping commodity prices.
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