OECD Secretary General: The Middle East conflict has a dual impact on the global economy

OECD Secretary General Matthias Coleman stated that the escalation of the Middle East conflict is dragging down global economic growth and driving up inflation, and central banks may face a difficult choice between fighting inflation and maintaining growth. He mentioned that the OECD had warned of relevant risks in the mid-term economic assessment in March this year and planned to update the global economic outlook on June 3. According to reports, the recent G7 finance ministers and central bank governors' meeting held in Paris has identified energy prices and inflation risks as the focus of discussion.