Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truce (opens original article in a new tab)

Global central banks remain cautious about inflation despite falling oil prices following a US-Iran truce, with some considering further rate hikes if price pressures persist.

• Global central banks remain cautious despite easing oil prices after US-Iran truce.
• G10 policymakers signal possible rate hikes if inflation persists, with diverging monetary paths across regions.
• Australia, Norway, UK, US, and others maintain or consider rate increases, while Switzerland keeps rates low.