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Federal Reserve meeting minutes: Middle East conflict pushes up inflation, most central banks hint at future interest rate hikes

金色财经_
Jinse Finance reported that, on July 9, the Federal Reserve June meeting minutes stated that since the outbreak of the Middle East conflict, global overall inflation has risen significantly, with retail energy prices and producer prices sharply increasing across much of Europe and Asia. Some central banks, including the European Central Bank, raised policy rates in response to rising inflation. Overall, most foreign central banks emphasized that high inflation may trigger second-round pass-through effects and therefore needs to be addressed, even though prospects for economic output growth are weak; these central banks have all hinted that they will take measures such as further rate hikes or slowing the pace of easing in the future.
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