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Strait Of Hormuz Reopening Could ‘Overheat’ Economy And Inflation, Analyst Warns
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June 24, 2026
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2:38Now PlayingThe reopening of the Strait of Hormuz may further “overheat” the economy, potentially resulting in higher inflation and prompting the Federal Reserve to hike interest rates, Apollo’s chief economist warned Wednesday, as consumer prices rose at their highest rate in three years last month amid a surge in energy costs.
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