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Germany May harmonized CPI (HICP) preliminary YoY 2.7% vs 2.8% expected, 2.9% prior.

2026-05-29

Germany May harmonized CPI (HICP) preliminary YoY 2.7% vs 2.8% expected, 2.9% prior.

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2026-05-29

May 28 local time an Iranian military source confirmed the interception of an intruding US drone near Bushehr, saying defensive missiles were fired to engage the aircraft. Earlier the same day Iran’s armed forces said they launched missiles from the

May 28 local time an Iranian military source confirmed the interception of an intruding US drone near Bushehr, saying defensive missiles were fired to engage the aircraft. Earlier the same day Iran’s armed forces said they launched missiles from the south at designated targets. Bushehr province hosts Iran’s only nuclear power plant, located roughly 300 km across the Gulf from Kuwait.
2026-05-29

Fed Governor Bowman said it is too early to assess the Iran war's impact on inflation and policymakers should adopt a "temporary look-through" stance toward short-lived price shocks. She backed keeping language in last month's post-meeting statement

Fed Governor Bowman said it is too early to assess the Iran war's impact on inflation and policymakers should adopt a "temporary look-through" stance toward short-lived price shocks. She backed keeping language in last month's post-meeting statement that left open the possibility of further rate cuts, a position that contrasts with a growing number of colleagues who want the Fed to signal the next move could be either a hike or a cut. Bowman said she wants clearer evidence on the economic impact and persistence of the Middle East conflict before revising the expected policy path and that temporarily overlooking energy-driven upticks in inflation is appropriate so long as the Fed preserves its credibility on the inflation target.
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