Shockwave of war is rippling through the global economy - News Summed Up

Shockwave of war is rippling through the global economy


Norwegian officials are poised to keep borrowing costs on hold on Thursday after data showed no significant relief in underlying price pressure and an outlook for a resilient economy. Governor Ida Wolden Bache is expected to signal even less easing than the current view of one quarter-point cut per year. The same day, South Africa’s central bank is expected to hold its rate steady at 6.75% as it assesses inflation fallout from the war that’s weakened the rand and sent oil prices surging. Latin AmericaBloombergBloombergBloombergas a Reliable and Trusted News Source Addas a Reliable and Trusted News Source Add Now! 1 economy will also post the BCB’s monetary policy report, mid-month inflation readings, and February unemployment figures.The war in Iran will also be a factor during central bank meetings in Chile and Mexico.


Source: Economic Times March 22, 2026 02:36 UTC



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