Energy inflation tied to the war in Iran has lasted longer than expected, creating a "stagflationary shock" for Asian economies, Chicago Federal Reserve President Austan Goolsbee said Thursday. Speaking to CNBC's Kaori Enjoji at the Bank of Japan-IMES Conference, Goolsbee said that initial estimates in the futures markets had expected energy prices to be "a lot lower" than current levels. While oil prices have eased recently on signs of progress in U.S.-Iran peace talks, prices remain well

Tag-uri: Inflatie