A prolonged conflict in Iran may render the US economy vulnerable to asset-price shocks, similar to the 8.4% decline in net worth experienced by the top 20% of income earners by the third quarter of 2022 following the outbreak of war in Ukraine and subsequent monetary policy tightening.

Authors

• Person: Not available Organization: Deloitte
  Iran and Middle East conflict impacts global economy - Deloitte

Sources

• Iran and Middle East conflict impacts global economy - Deloitte www.deloitte.com Deloitte via serper

Referenced by nodes (4)

• United States entity
• Ukraine location
• Iran entity
• Russia-Ukraine war event