War takes its toll but relief is in sight (opens original article in a new tab)

A tentative U.S.-Iran ceasefire extension could lower oil and gasoline prices, reduce inflation to 2.5% by year-end, and potentially lower bond yields and mortgage rates. Economic prospects depend on conflict developments.

• U.S.-Iran ceasefire extension could lower oil prices by 20%
• Inflation may drop to 2.5% by year-end
• Bond yields and mortgage rates could decrease with lower inflation
• Economic outlook hinges on conflict resolution