1459 GMT - The immediate consequences of the U.S.'s capture of Venezuelan President Nicolas Maduro are concentrated on the oil market, but the real economic impact is a medium-term issue, Edmond de Rothschild Asset Management's Benjamin Melman and Michael Nizard say in a note. An eventual easing of energy tensions could cause lower inflation and allow for lower interest rates, they say. "If minimal political stabilization were to emerge, combined with a gradual return of foreign investment, Venezuela could once again become a structurally disinflationary factor for the global economy," CIO Melman and Nizard, head of multi-assets and overlay, say. "A major geopolitical shock is not necessarily inflationary in the long term," they say. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
January 05, 2026 09:59 ET (14:59 GMT)
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