Central Bank Super-Week: Fed and Global Peers Set to Decide Interest Rate Paths

事件摘要

Last week featured significant central bank meetings, with the Federal Open Market Committee (FOMC) convening on March 20 and deciding to hold interest rates between 3.5% and 3.75%. Financial markets showed considerable declines, with the Nifty 50 Index dropping 2.6% following heightened tensions between the US and Iran. Meanwhile, oil prices surged due to the Iranian blockade of the Strait of Hormuz, increasing inflation concerns in the US.