Central banks risk a recession by raising rates to tackle Iran oil shock, strategist warns - CNBC

A strategist is warning that central banks may inadvertently trigger a recession by raising interest rates in an attempt to mitigate the economic impact of an oil price shock caused by tensions with Iran. This move could have significant implications for the global economy, as higher interest rates could slow down economic growth and potentially lead to a downturn. The strategist's warning highlights the delicate balance central banks must strike in responding to geopolitical events and their potential to disrupt the global economy.