Central Banks Gear Up for Rate Decisions Amid Escalating Inflation Risks

The Federal Reserve, Bank of England, and Bank of Japan are set to announce rate decisions in the coming days as energy-driven inflation risks escalate globally.

Crude oil briefly crossed the $100 level on July 23, a mark it breached last two months ago, signaling the inflation risks policymakers face, according to a Bloomberg report. Investors are assessing the implications of massive investments in artificial intelligence championed by Big Tech firms and renewed tariff push by the Trump administration.

The bond markets convey unease with yields jumping across the G7, with the US 30-year yield just below its highest since 2007 on Friday.