1. ECB Executive Board member Schnabel: Even if the US and Iran reach an agreement, the ECB should still raise interest rates in June. 2. ECB Governing Council member Stournaras: If inflation exceeds the target, a more restrictive monetary policy wi

2026-05-26

1. ECB Executive Board member Schnabel: Even if the US and Iran reach an agreement, the ECB should still raise interest rates in June. 2. ECB Governing Council member Stournaras: If inflation exceeds the target, a more restrictive monetary policy will be needed. 3. ECB Governing Council member Villeroy: The ECB has not yet observed the spillover effects of a significant increase in energy costs. 4. The Bank of Japan's new trend indicator shows that inflation has exceeded the target. 5. Bank of Japan Deputy Governor Himino Ryozo emphasized maintaining market confidence in inflation control; the Bank of Japan will monitor the situation in the Middle East and make a comprehensive decision on the timing of interest rate hikes. 6. The Indonesian rupiah fell to a record low against the US dollar. 7. The Kyrgyz National Bank kept its policy rate unchanged at 12.0%. 8. The Central Bank of Sri Lanka raised its overnight policy rate to 8.75%. 9. The Bank of Israel resumed interest rate cuts, lowering its benchmark rate from 4% to 3.75%. 10. According to a Reuters poll, 30 out of 32 economists expect the Bank of Korea to keep its benchmark interest rate at 2.50% at its May 28 meeting. 21 out of 29 economists expect the Bank of Korea to raise interest rates by 25 basis points or more before the end of the third quarter.