
Vietnam growth cut and US inflation surge unsettle markets

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The World Bank has reduced Vietnam's 2026 GDP forecast to 6.8% due to global economic conditions and inflation concerns. Meanwhile, U.S. core PCE inflation is projected to rise at a 4.6% annualized rate in April, complicating expectations for Federal Reserve rate cuts. Ongoing disruptions from the Iran war are exacerbating global energy price pressures.

