RBA's Debelle: We will not raise cash rate until inflation is sustainably back in 2-3% range

Oil and US dollar rising on news that Vance cancelled his trip to negotiate with Iran US Vice President JD Vance has canceled his planned trip to Switzerland

BoJ deputy governor says delaying on price risks could cause long-term economic damage Himino turned the risk calculus around: waiting is no longer the safe option.

Vance cancels his trip to Switzerland US Vice President JD Vance has canceled his planned trip to Switzerland for talks with Iran, according to CNN,

Japan finmin says prepared to take decisive action on speculative FX moves This is some verbal intervention to support the yen

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Japan's core inflation holds steady at 2.1% in May, meeting forecasts. Energy subsidies temper price hikes.

BoJ Deputy Governor Himino said the bank expects to keep raising rates, flagged risk of underlying inflation deviating from target, and warned FX moves now have a larger inflation impact than historically.