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Fed's Daly: policy is in a good place.

2026-05-29

Fed's Daly: policy is in a good place.

Other News
2026-05-29

Russian Security Council Secretary Sergei Shoigu told Russian media on the 28th that the Russian armed forces' strike operation against the Ukrainian capital Kyiv "could be launched at any time."

Russian Security Council Secretary Sergei Shoigu told Russian media on the 28th that the Russian armed forces' strike operation against the Ukrainian capital Kyiv "could be launched at any time."
2026-05-29

Indonesia and India intervened Friday to support their currencies as both faces downward pressure from surging energy prices. Despite FX sales, the rupiah fell 0.5% versus the dollar on Friday and is down 7% YTD, the weakest among peer EM currencies.

Indonesia and India intervened Friday to support their currencies as both faces downward pressure from surging energy prices. Despite FX sales, the rupiah fell 0.5% versus the dollar on Friday and is down 7% YTD, the weakest among peer EM currencies. The rupee rose 0.7% on Friday, ending a two-day slide, and is down 5.7% YTD. Bank Indonesia said it will continue around-the-clock, global efforts to stabilize the rupiah via spot FX intervention, non-deliverable forward operations and government bond purchases. Traders said the Reserve Bank of India has sold dollars in onshore and offshore markets and has been intervening in to support the rupee in recent days.
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