Global Rate Hike Cycle Looms as Central Banks Tighten
Major global central banks are raising interest rates and signalling further tightening to combat inflation driven by the ongoing conflict in the Middle East. Policymakers warn that sustained high energy prices threaten to squeeze household incomes and require additional monetary action.
Xurve View
Insights:
Xurve View
Major central banks are raising borrowing costs as conflict in Iran drives up energy prices, signalling a new global rate-hike cycle. Key policy rates sit well above the lows of the previous hiking phase that began in 2022. Policymakers face intense market pressure to rein in inflation expectations and long-term bond yields at multidecade highs.
