The agreement between the United States and Iran to end their conflict has eased one of the biggest concerns for global policymakers by triggering a sharp decline in oil prices. The retreat in energy costs is expected to reduce the risk of inflationary pressures spreading across major economies. However, several central banks remain cautious, with policymakers indicating they are prepared to tighten monetary policy further if inflation proves persistent.
Across the Group of 10 (G10) developed economies, central banks remain divided between those actively raising interest rates and those opting to wait for clearer economic signals.
