Source: Reuters (via feed)
Nearly all major developed market central banks kept interest rates unchanged this week. They emphasized their readiness to act to curb inflation. This relates to the energy shock caused by the U.S.-Israeli war on Iran. The central banks noted the possibility of a broader surge in prices if inflation rises due to this shock.
BizTrendWire Insight:
Central banks’ statements on inflation readiness reflect their response framework to external shocks affecting prices.
Central banks’ statements on inflation readiness reflect their response framework to external shocks affecting prices.
