Bambi Price

Minutes of the meeting: All participants of the Federal Reserve supported a rate hike of 25 basis points, and most believe another rate hike may be necessary before the end of the year.

The Federal Reserve will release the minutes of its monetary policy meeting in ten minutes.

Kenya’s central bank kept its benchmark rate unchanged as policymakers took a wait-and-see approach in assessing what impact energy shocks stemming from the Iran war will have on the economy and inflation.

Indian households expect inflation to rise sharply over the next three months and one year, reflecting concerns over price pressures that prompted the central bank to increase the benchmark rate for the first time in nearly four years.