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The head of the financial company Electus Financial, Mike Horahan, said: "Many people have already taken a wait-and-see approach. If the US and Iran reach some kind of agreement, ceasefire, or truce, and oil prices plummet significantly, the inflation premium currently built into interest rates will disappear almost completely within 48 hours. The interest rate market is reacting to the previous epidemic crisis, when the outbreak of the epidemic led to a sharp increase in government spending, causing the inflation rate to suddenly rise and catching central banks around the world off guard."
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