Inflation and Interest Rates' Outlook Ceded After U.S.-Iran Ceasefire. It Is Going Up Again As It Resumes

Inflation and Interest Rates' Outlook Ceded After U.S.-Iran Ceasefire. It Is Going Up Again As it Resumes

Investment giant BlackRock estimated that the conflict with Iran is expected to increase global headline inflation by approximately 0.8 percentage points.

Sri Lanka Holds Rates as US-Iran War Clouds Economic Outlook

Sri Lanka’s central bank kept its benchmark interest rate unchanged, balancing the need to bring inflation back to target while supporting economic growth as renewed conflict between the US and Iran clouds the global outlook.

CBSL keeps overnight policy rate unchanged at 8.75%

The Central Bank of Sri Lanka (CBSL) has decided to maintain the Overnight Policy Rate (OPR) at 8.75 per cent, citing prevailing domestic and global economic conditions, including renewed geopolitical tensions in the Middle East and elevated inflation. Announcing the decision, the Monetary Policy Board said headline inflation accelerated to 6.8 per cent year-on-year in June 2026, primarily due to higher domestic energy and food prices. Inflation…

The Central Bank of Sri Lanka keeps the Overnight Policy Rate (OPR) unchanged | Central Bank of Sri Lanka

The Monetary Policy Board, at its meeting held yesterday, decided to maintain the Overnight Policy Rate (OPR) at the current level of 8.75%. The Board arrived at this decision after carefully considering the evolving conditions and outlook on the domestic and global fronts.  Renewed tensions in the Middle East have resulted in a surge in global commodity prices, particularly petroleum. These developments are likely to dampen global economic pros…