Public Event Detail
Citi's Fraser sees Iran war leading to 'protracted' inflation this year - report (C:NYSE)
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2026-05-08JPMJPMorgan ChaseAlpha Vantage Newsm_and_a
Event summary
Citigroup CEO Jane Fraser projects that the ongoing Iran war will cause "protracted" inflation in the U.S. for the remainder of the year, primarily due to disruptions in oil, gas, and petrochemical supply chains. She notes that while global companies show resilience, the inflationary impacts, particularly from rising commodity prices, are currently underestimated. Fraser also highlighted Citi's growth strategy focusing on organic improvement over acquisitions and its commitment to the Chinese market.
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