BNP Paribas: Middle East Conflict to Have Lasting Global Economic Impact
Deep News
Apr 28
Analysts at BNP Paribas stated in a research report that, regardless of developments in the coming days and weeks, the Middle East conflict will have a lasting impact on the global economy. The bank currently anticipates that GDP growth will slow, inflation will be higher, and central banks will adopt a more hawkish stance compared to forecasts made at the beginning of the year. They noted, however, that pre-conflict strong growth momentum, along with structural drivers such as AI and defense spending, may provide some support. BNP Paribas forecasts that US GDP will grow by 2.4% in 2026, while eurozone GDP may expand by 1%.
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