The David Lin Report · Saturday, September 19, 2026
According to economist Anna Wang, if there is a de-escalation in geopolitical tensions, such as between Iran and Gulf states, leading to lower oil prices, the current inflation scare could largely dissipate. She predicts that headline CPI could fall below 2% in the first quarter of next year if crude oil prices return to more moderate levels around $60-$70 per barrel.
“Oil dropped 3% after Iran, the Gulf states announced their meeting to discuss a deal.”
“So is it, is it bottom line, then is it fair to say that if we have some sort of de-escalation in Iran, which may bring down the oil price, then this inflation scare that we're seeing right now is going to go away for the most part?”
“To be, uh, in short, yes. In fact, it was going to come down very quickly, uh, in the first quarter of next year. So, uh, headline CPI could possibly fall below even 2% if, if prices, uh, or crude oil were to come down to more regular 70 or 60%.”