^{01 August 2022} The Week Ahead: BoE, RBI and OPEC+ meetings in the limelight

US: Fed hikes with a dovish tone; July NFP data in focus Recession risks continue to rise but inflation remains elevated, resulting in central banks continuing with aggressive interest rate hikes. The Fed last week raised the FFTR by 75 bps to 2.25%-2.5%, but it did not provide any clear guidance on the potential pace of interest rate rises going forward.

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