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The Chicago PMI for May in the United States was 62.7, below the expected 50.5 and the previous reading of 49.2.

2026-05-29

The Chicago PMI for May in the United States was 62.7, below the expected 50.5 and the previous reading of 49.2.

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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.
2026-05-29

Japan's April unemployment rate will be released in ten minutes.

Japan's April unemployment rate will be released in ten minutes.
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