The European Central Bank raised borrowing costs and warned that inflation could remain high for an extended period. Energy markets and geopolitical tensions are still major concerns. Grouped from 5 articles across 5 sources.
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Central bank president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027 Grouped from 6 articles across 5 sources.
Traders pushed chances for a rate increase to 70% in morning action.
Prices spiked as attacks on oil tankers escalated in the Middle East.
Treasury yields moved higher on Thursday as U.S. oil prices hit $100 per barrel.
Grouped from 2 articles across 2 sources.
Hawkish BoJ comments follow pressure from Scott Bessent and volatility in currency and bond markets