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Reserve Bank of New Zealand Governor Brehman: New Zealand and its trading partners may face slower growth and rising short-term inflation due to the impact of the Middle East conflict.

2026-05-29

Reserve Bank of New Zealand Governor Brehman: New Zealand and its trading partners may face slower growth and rising short-term inflation due to the impact of the Middle East conflict.

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2026-05-29

The ECB said in a blog a war involving Iran could push euro-area consumers' medium-term inflation expectations higher, strengthening the case for further rate hikes. It noted the 2022 Russia-Ukraine invasion and earlier geopolitical tensions left a "

The ECB said in a blog a war involving Iran could push euro-area consumers' medium-term inflation expectations higher, strengthening the case for further rate hikes. It noted the 2022 Russia-Ukraine invasion and earlier geopolitical tensions left a "double hit" that has raised the probability households expect faster future price rises; policymakers are concerned energy-cost shocks could feed through into wages and corporate pricing. Short-term inflation expectations have risen markedly while medium-to-longer-term expectations have changed little. Markets largely price a 25bp ECB hike in two weeks; euro-area inflation is 3% and likely to pick up, and the ECB flagged the risk that short-term expectations may be extended into the medium term, creating upside risk to medium-term expectations.
2026-05-29

Belarusian President Alexander Lukashenko met with Russian President Vladimir Putin.

Belarusian President Alexander Lukashenko met with Russian President Vladimir Putin.
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