Fed-Treasury Coordination Plans Gain Urgency as Oil Surges 8% and Markets Plunge on Iran Strikes
Iranian attacks on energy infrastructure sent oil prices up 8% and European gas up 85%, triggering a 2.5% drop in the S&P 500 and 12% crash in Korean stocks. Economists are reviving debate on Fed-Treasury accord frameworks to manage yield curves and balance sheet coordination as stagflation risks mount from supply-side inflation shocks.
ViaNews Editorial Team (Finance)•