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[ Wed, Jun 18th 2025 ]: MassLive
People in Business: June 9, 2025

Oil, war and tariffs tear up markets' central bank roadmap

Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs, Middle East conflict and a shaky dollar make global monetary policy and inflation even harder to predict.
The article from Reuters, published on June 19, 2025, discusses the significant impact of an oil war and new tariffs on global financial markets, disrupting central banks' strategies. The oil war, initiated by Saudi Arabia and Russia, has led to volatile oil prices, causing inflation rates to surge unexpectedly. Concurrently, new tariffs imposed by the U.S. on Chinese goods have escalated trade tensions, further complicating the economic landscape. These developments have forced central banks to reconsider their monetary policies, with many now facing the challenge of balancing inflation control with economic growth. The article highlights the uncertainty and the need for central banks to adapt quickly to these unforeseen economic pressures.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/oil-war-tariffs-tear-up-markets-central-bank-roadmap-2025-06-19/ ]