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““While policy could still remain on hold this year, persistent US-Iran hostilities mean the risk of a rate hike has shifted from a possibility to a probability.””

““While policy could still remain on hold this year, persistent US-Iran hostilities mean the risk of a rate hike has shifted from a possibility to a probability.””

“He said the rate-setting committee will likely want to “guard against the risk of persistently higher headline inflation becoming embedded in future wage and price-setting behaviour”.”

“Friday’s global economic calendar has eurozone inflation figures and the US jobs report, including nonfarm payrolls data. – Contributed by Alliance News”