Global Central Banks Hold Rates Amid Energy Volatility

Global central banks expected to keep policy rates unchanged this week amid heightened energy price volatility from Strait of Hormuz shutdown.
The shutdown threatens about 20% of global oil and LNG supplies, pushing input costs higher and risking inflation expectations.
Federal Reserve, ECB and Bank of England likely to hold rates but may keep future hikes possible as euro‑zone inflation nears 3%.
Markets watch for signs of structural divergence, with fragile Asian PMI resilience contrasted by rising inflation in Brazil and Chile.