10 Hrs
Source:
الاقتصادية
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Oil surpassing $100 tests central banks
Oil prices are approaching $100 per barrel, raising concerns among central banks about rising inflation driven by energy prices, as the interest rate decisions in the G7 countries will reveal how prepared they are to address these repercussions. The increase in oil prices, along with other rises in energy costs, indicates clear inflation risks that may lead banks to gradually raise interest rates. There is a prevailing sense of worry in the bond markets, with U.S. 30-year Treasury yields nearing their highest levels since 2007. More than 12 central banks are expected to make policy decisions this week to address these risks, while economic growth and inflation data from different regions will continue to be monitored for ongoing assessment of the economic situation.
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