BNP Paribas: Middle East conflict will have a long-term impact on the global economy

Golden Ten Data reported on April 28 that analysts at BNP Paribas stated in a research report that, regardless of how the situation unfolds in the coming days or weeks, the Middle East conflict will have a lasting impact on the global economy. The bank currently expects lower global GDP growth, higher inflation, and central banks to take a more hawkish stance compared to forecasts earlier this year. However, they pointed out that stronger growth momentum before the conflict, as well as structural factors such as artificial intelligence and defense spending, may provide support. BNP Paribas forecasts that the U.S. GDP will grow by 2.4% in 2026, while the Eurozone economy may grow by 1%.