Makro Haberleri

The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Thursday, per the BoJ Minutes of the March meeting.

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Thursday that she anticipates slightly elevated near-term inflation, adding that growth to be slightly slower but still expected this year.

Chicago Fed President Austan Goolsbee said that the US-Iran conflict is looking more like an inflationary shock.

The US Dollar Index (DXY) slides near the 98.00 area, with limited losses supported by resilient United States (US) data but capped by improving risk sentiment after Axios reported that the US and Iran are moving closer to a deal aimed at ending the conflict.

MUFG’s Michael Wan highlights that the Philippines faces heightened vulnerability to Middle East supply disruptions, with April Consumer Price Index (CPI) surging to 7.2% year-on-year, far above expectations.

Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, spoke at the 2026 Milken Institute Global Conference in California on Wednesday. He stated that the impact of rising productivity on inflation remains an active topic of debate among the Fed.

GBP/USD rises by over 0.59% on Wednesday after an Axios report revealed that the US and Iran are closing in on a deal to end the war. The US Dollar (USD) fell on the news, even though US jobs data crushed estimates, which could prompt the Federal Reserve (Fed) to focus on inflation.

Brown Brothers Harriman’s (BBH) Elias Haddad highlights that USD/SEK has fallen on broad Dollar weakness while Sweden’s April disinflation surprised to the downside, reducing Riksbank hike expectations.

Alberto Musalem, President of the Federal Reserve (Fed) Bank of St. Louis, spoke at the Mississippi Bankers Association on Wednesday. He said that uncertainty around tariffs and war is a headwind.

EUR/JPY trades around 183.50 on Wednesday at the time of writing, down 0.61% on the day, as the Japanese Yen (JPY) benefits from stronger demand amid fears of intervention by Japanese authorities in the foreign exchange market.