Trump’s Iran War Jolts Global Central Banks From Fed To ECB To BOJ

Central banks from Washington to London to Jakarta are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions in the coming week encompassing every member of the Group of Seven and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. Photo Credit: Bloomberg News Interest-rate bets that fully anticipated easing in the US have eroded, while possible hikes in the UK and euro zone later in…