FRANKFURT/TOKYO, June 18 : The Iran war-induced inflation surge is becoming too much for central banks around the world to simply look past and a string of them, led by the U.S. Federal Reserve, have either raised borrowing costs or signalled likely moves to tame price growth.Conflict in the Middle East has p

Country follows ECB in increasing borrowing costs, but US Fed and Bank of England expected to hold rates

The ECB hiked rates to 2.25% despite a US-Iran ceasefire, warning that eurozone inflation at 3.2% won't ease quickly. Here's what it means for crypto.