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Here are all the ways Bartlett believes an end to the Russia-Ukraine war couldbe good for your finances.
The war has disrupted global oil supplies, driving up gas prices, Bartlett said.
A resolution could stabilize markets and lead to lower fuel costs.
Reduced Inflation
The ongoing war contributed significantly to the painful acceleration in global inflation,The Nationreported.
Supply chain disruptions and rising energy prices due to the war have contributed to inflation, Bartlett explained.
Ending the war could help stabilize prices on goods and services.
Stronger Stock Market
War-related uncertainty has led to market volatility.
A peaceful resolution could boost investor confidence and lead tostock market gains, Bartlett said.
Lower Food Prices
Ukraine is a major global supplier of wheat and other agricultural products.
Ending the war could restore supply chains and reduce food costs, Bartlett said.
Stronger US Dollar Stability
The war has led to volatility in the value of the dollar.
Lower Interest Rates
The wars contribution to high inflation has had a ripple effect on interest rates.
This would benefit both small-business owners and employees.
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