Global Economy

Bank of Japan's Uchida said higher wholesale prices are another factor that amplified the view on risk, according to Reuters.

Germany says it will not accept UniCredit's €39 billion takeover bid for Commerzbank.

Bank of Japan's Uchida says reduced downward risk on economy is the biggest difference from the last meeting, according to Reuters.

UK wealth manager Rathbones expects to incur £60 million in additional costs over the next two years to address issues found in a watchdog review.

Bank of Japan's Uchida said the reason for raising interest rates this time rather than last time was reduced downward risks on the economy, according to Reuters.

More central banks than ever expect to increase their gold reserves, a sign one of the key forces behind bullion's record-breaking rally remains intact despite this year's pullback.

Bank of Japan's Uchida says the central bank will conduct monetary policy appropriately to avoid falling behind the curve.

Spain's labor costs rose 4.9% in the first quarter, compared to a previous increase of 3.8%.

Spain's labor costs rose 4.9% year-on-year in the first quarter of 2026, accelerating from a 3.8% increase in the previous quarter.

Shippers in Asia and Europe said confidence in resuming transit through the Strait of Hormuz could take weeks to rebuild and navigation will only restart once safety is assured, after the US and Iran agreed on a framework deal to reopen the waterway.

BOJ Deputy Governor Uchida stated that policy rate decisions are aligned with government economic policy.

China's economic imbalance deepens as retail sales fall for first time in over three years.

BOJ Deputy Governor Uchida said the neutral rate path becomes clearer as rates increase.

Bank of Japan Deputy Governor Uchida said monetary policy does not control foreign exchange rates, though currency movements affect inflation more than before.

Bank of Japan's Uchida says the board discusses forex at every monetary policy meeting given its impact on the economy and prices, according to Reuters.

Bank of Japan's Uchida says will need to carefully assess whether Middle East peace talks affect economy more or prices, as per Reuters.

BOJ Deputy Governor Uchida stated that no policy disruption is expected from Ueda's hospitalization.

BOJ Deputy Governor Uchida said the central bank needs to evaluate whether peace talks influence growth or prices more.

Bank of Japan's Uchida says Ueda's hospitalization is short-term and does not expect impact on monetary policy conduct, according to Reuters.

BOJ Deputy Governor Uchida said that neutral rate views are too scattered to be useful for policy.

One of the main online platforms that Cubans living in the United States use to send money, food, and clothing to their relatives on the island is ceasing operations as the Trump administration increases pressure on the Cuban government.

Bank of Japan's Uchida says neutral rate estimates are too diverse to be useful for monetary policy, according to Reuters.

Bank of Japan Deputy Governor Uchida said base wages are expected to stabilize around 3.5%.

BOJ Deputy Governor Uchida stated that wage and price setting are now consistent with the Bank of Japan's 2% inflation target.

Bank of Japan's Uchida says the wage-price mechanism has aligned with the 2% price target in recent years, according to Reuters.

Bank of Japan Deputy Governor Uchida stated that wage and price dynamics have become entrenched.

Bank of Japan DeputyUchida said the wage-price mechanism has taken root, according to Reuters.

BOJ Deputy Governor Uchida said geopolitical risks require close monitoring of markets, economy and prices.

BOJ Deputy Governor Uchida stated that it is important for underlying inflation to anchor around 2%.

Bank of Japan Deputy Governor Uchida stated that the situation in the Middle East will be factored into the future pace of monetary tightening.