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2026-05-28

Reserve Bank of New Zealand Governor Brehman: The committee believes that inflationary pressures will increase in the future, and the cash rate needs to be raised further.

Reserve Bank of New Zealand Governor Brehman: The committee believes that inflationary pressures will increase in the future, and the cash rate needs to be raised further.
2026-05-28

Al Jazeera reported Israeli strikes on Gaza City raised the death toll to 7 and the number of wounded to 15.

Al Jazeera reported Israeli strikes on Gaza City raised the death toll to 7 and the number of wounded to 15.
2026-05-28

According to Al Jazeera, the death toll from the Israeli attack on Gaza City has risen to seven, and the number of injured has risen to 15.

According to Al Jazeera, the death toll from the Israeli attack on Gaza City has risen to seven, and the number of injured has risen to 15.
2026-05-28

RBNZ Governor Breman said he had heard export-focused firms were performing well but remained worried about the uncertain environment.

RBNZ Governor Breman said he had heard export-focused firms were performing well but remained worried about the uncertain environment.
2026-05-28

Reserve Bank of New Zealand Governor Brehman: I've heard that export-oriented businesses are performing well, but are concerned about the uncertain environment.

Reserve Bank of New Zealand Governor Brehman: I've heard that export-oriented businesses are performing well, but are concerned about the uncertain environment.
2026-05-28

Federal Reserve Governor COOK said on Wednesday at a Stanford event that inf is moving in the wrong direction and, if that persists, she is prepared to raise interest rates. She said she currently leans toward leaving borrowing costs unchanged and ex

Federal Reserve Governor COOK said on Wednesday at a Stanford event that inf is moving in the wrong direction and, if that persists, she is prepared to raise interest rates. She said she currently leans toward leaving borrowing costs unchanged and expects price growth to cool again over the coming months, but her remarks align her with many Fed officials who see accelerating inf as a bigger policy concern than the labor market. COOK said: “I want to be clear about my risk assessment: risks still tilt to higher inf.” She warned five years of inf above the Fed’s 2% target has increased the risk that price pressures become embedded in price- and wage-setting behavior, and said: “Therefore, if the expected process of disinflation does not occur in time, I am prepared to raise rates.”
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