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South Korea: Gradual CPI rise keeps BoK cautious – ING
ING’s Senior Economist Min Joo Kang notes that South Korean inflation accelerated in April on higher energy prices, but government measures such as food vouchers, a gasoline price cap and frozen utility tariffs helped limit the increase.Fxstreet
Wed, May 6
Fed’s Goolsbee: Productivity's impact on inflation and interest rates could go in either direction
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, spoke at the 2026 Milken Institute Global Conference in California, United States, on Wednesday. He stated that the impact of rising productivity on inflation remains an active topic of debate among the Fed.Fxstreet
Wed, May 6
ECB: Weak Eurozone PMIs reinforce stagflation risk – BNY
BNY highlights a broad Eurozone PMI downturn, with the composite back in contraction and services particularly weak, while producer prices and input costs re‑accelerate. The bank notes markets assume ECB policy cannot diverge much from peers, a view it challenges.
Fxstreet
Wed, May 6
US President Trump: If Iran doesn't agree, bombing starts at much higher level
"Assuming Iran agrees to give what has been agreed to, which is, perhaps, a big assumption, the already legendary Epic Fury will be at an end, and the highly effective blockade will allow the Hormuz Strait to be open to all, including Iran," United States (US) President Donald Trump said in a post pFxstreet
Wed, May 6
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