Financial institutions and central banks are forecasting future rate hikes due to renewed hostilities in the Middle East.

The entities involved

• Bank of England →

  central bank of the United Kingdom

  • Central banks, including the ECB, FED, Bank of Japan, and Bank of England, are holding rate meetings and addressing inflation in response to the Iran war.Mon 12:14
  • The Bank of England may realign its monetary policy stance with the European Central Bank and Bank of Japan regarding future rate hikes.Mon 12:14
• European Central Bank →

  central bank of the European Union and the eurozone

  • The European Central Bank is forced to raise interest rates due to energy price shocks from the Iran war and an influx of Chinese exports.Mon 17:49
  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • A US Air Force base in Fairford, located near the Oxfordshire border, is being utilized due to actions in the Middle East.Mon 17:54
  • Authorities are investigating an incident at a base in Fairford, with possible links to Iran and Russia.Mon 17:54

Related events

• Morgan Stanley predicts future interest rate hikes by central banks due to ongoing war.Fri 11:16
• The World Bank provides economic forecasts linking oil prices to geopolitical conflict in the Middle East.Jun 14
• Both the FED and the European Central Bank raised rates due to inflation, while attacks on Middle Eastern vessels drove oil price risk and impacted metal stocks.Sep 11
• Renewed fighting in the Middle East and hawkish rate signals are driving a reassessment of US Dollar sentiment and impacting the GBP/USD pair.Sep 7
• The ECB reacts to energy price surges stemming from the Iran war, while Martina Hennessy analyzes the impact of ECB rate hikes.Sep 10