Sri Lanka's central bank raised its benchmark interest rates by 100 basis points on Tuesday, as inflation is expected to remain above the target in the period ahead due to rising oil prices. The Monetary Policy Board of the Central Bank of Sri Lanka decided to raise its overnight policy rate to 8.75 percent from 7.75 percent. The previous change in the monetary policy was a quarter-point cut in Ma...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.