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Fed, ECB minutes to show inflation fears as near-term rate hike bets fade

Both central banks in the coming days will release minutes of the meetings last month at which they raised benchmark rates, bowing to concerns about mounting inflationary pressures

Fed, ECB minutes to show inflation fears as near-term rate hike bets fade

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

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325m barrels of emergency oil released, says IEA

PARIS: The International Energy Agency said on Saturday that member countries had so far released 325 million barrels of oil and oil-derivative products from strategic reserves, from 400 million barrels promised in March.

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