RATE HIKE RISK RISES AS INFLATION EXPECTATIONS CLIMB Global inflation expectations are rising amid the unresolved U.S.–Iran conflict, increasing the likelihood of interest rate hikes by the Federal Reserve and other central banks, according to Bob Savage. Savage warned that even signals of a return to tighter policy could shift global expectations, forcing other central banks to align to avoid currency and inflation pressures driven by dollar-priced commodities.(*Walter Bloomberg)