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RBNZ’s Breman: Q1 core inflation have remained within the 1 - 3% target band

Reserve Bank of New Zealand (RBNZ) Governor Anna Breman said on Wednesday that “the first quarter measures of core inflation have remained stable within the target band of 1–3%.”

“The Monetary Policy Committee continues to keep a close watch on developments in the Middle East and incoming data,” she further noted.

GBP/USD Price Forecast: Hovers around nine-day EMA near 1.3500

GBP/USD inches higher after registering little losses in the previous day, trading around 1.3520 during the Asian hours on Wednesday.
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US President Donald Trump asks aides to prepare for extended blockade of Iran — WSJ

The US officials said that President Donald Trump instructed aides to prepare for an extended blockade of Iran, the Wall Street Journal reported on Wednesday.
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