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Global Business Slows Amid Iran War
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Global Business Slows Amid Iran War

Global business activity significantly slowed in March across the U.S., Europe, and parts of Asia, fueled by surging energy prices and heightened uncertainty stemming from the ongoing Middle East conflict. This downturn is evident in an 11-month low U.S. PMI, delayed ECB interest rate cuts, and companies building "safety stocks" amid disrupted global supplies and rising inflation expectations.

Global business activity significantly slowed in March across the U.

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