Global economic news, central bank decisions, inflation data, and macroeconomic analysis affecting financial markets worldwide.
The Federal Reserve holds interest rates at 3.5%-3.75% while anticipating higher inflation due to the Iran conflict, leaving investors uncertain about future rate cuts amid labor market weaknesses.
The Federal Reserve is expected to maintain rate levels as inflation risks from the Iran war and rising oil prices clash with labor market weaknesses, reshaping 2026 monetary policy expectations.
Anticipated March rate cut expectations were dashed as geopolitical tensions and sticky inflation forced the BoE to pause, reshaping 2026 rate forecasts.
While a 99% certainty looms over the March 18 rate hold, true market dynamics hinge on the refreshed dot plot and Powell's insights on tariffs and geopolitical tensions.
With 97.6% implied probability for no change, traders are betting the BoE holds steady at 3.75% on March 19 due to sticky inflation and robust labor markets despite geopolitical pressures on oil.
The UK's GDP forecast has been lowered to 1.1% for 2026, down from 1.4%, as weak economic data and political uncertainty combine to pressure sterling and challenge near-term market sentiment.
