New Delhi, Sept. 13 -- Central banks across much of the Group of Seven face a critical week as renewed inflation pressures increase the possibility of further interest-rate hikes.

Three key policy decisions, beginning with the US Federal Reserve on Wednesday and followed by the Bank of England and Bank of Japan on consecutive days, could reshape the global monetary policy outlook for the remainder of 2026 and beyond.

The Federal Reserve will draw the most attention after Friday's hotter-than-expected core inflation data strengthened expectations that Fed Chair Kevin Warsh and his colleagues will raise interest rates, potentially going against the preferences of US President Donald Trump.

The Bank of England is not expected to raise rat...