Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Philadelphia Fed President Patrick Harker told reporters in a speech on Tuesday that the Federal Reserve should consider another interest rate hike as early as next month if the US economy continues to improve as it has of late.
"This economy is really quite resilient to a lot of the headwinds (including the strong dollar), so if that continues I would be supportive of another 25 basis point rise." said Harker
Harker who had urged patience last month spoke strongly about the need to not shy away from possible rate hikes and added that monetary policy would still be "incredibly accommodative" even after another three rate rises, which would put the federal funds rate just above 1 percent.
"Barring some unforeseen headwinds which are always possible, then I think it's appropriate to consider every meeting live ... and to consider another 25 basis-point rise" if employment and job growth improves and core inflation rises as they recently have, he said.
