War Fears Keep Central Banks Ready to Move on Rates

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Source: Forex Factory
TL;DR Summary

With major developed-market central banks holding rates steady, officials signaled they stand ready to act if the energy shock from the U.S.–Israel conflict on Iran pushes inflation higher; traders reduced bets on easing and priced in possible hikes for the ECB and BoE, while the RBA continued its tightening path.

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