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  "path": "/2026/03/16/fed-and-ecb-face-a-pivotal-week-as-the-oil-shock-revives-inflation-risk?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss",
  "publishedAt": "2026-03-16T16:00:00.000Z",
  "site": "https://en.mercopress.com",
  "tags": [
    "Economy, International, United States"
  ],
  "textContent": "The U.S. Federal Reserve and the European Central Bank head into this week’s policy meetings in a far more uncertain environment than they faced just two weeks ago. The Fed meets on March 17-18, and the ECB on March 18-19, just after the Middle East war pushed oil prices above US$100 a barrel and forced markets to rethink the expected path of interest rates. Even so, neither institution is expected to change borrowing costs at these meetings.",
  "title": "Fed and ECB face a pivotal week as the oil shock revives inflation risk"
}