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World’s Top Central Banks Are About to Confront Fresh Inflation Threat as War Jolts Oil
The world’s top central banks convene this week facing a renewed inflation threat from the war in Iran and the possibility that they’ll be forced to delay interest-rate cuts and in some cases consider hikes. Changes aren’t imminent yet: The Federal Reserve, the European Central Bank and the Bank of England are all expected to keep borrowing costs steady as they assess how much surging energy costs will feed through to consumer prices and growth. But for them and the other 18 central banks that are about to set policy — overseeing about two-thirds of the global economy in total — the tone will turn more ... (full story)
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From substack.com|Mar 15, 2026It was another turbulent week for the global economy, leaving financial markets with few safe havens. As the war in the Middle East escalated, quickly implementable “off ramps” ...
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