European Union — European Central Bank & Japan — Bank of Japan

European Union — European Central Bank: The European Union — European Central Bank raised interest rates in response to inflation fueled by the Iran war, becoming the first major central bank to do so, aiming to dampen consumer price inflation.

Japan — Bank of Japan: The Japan — Bank of Japan is scheduled to have a rate-setting meeting next week, following the ECB's rate hike in response to inflation.

European Union — European Central Bank: The European Union — European Central Bank, along with other global central banks, has expressed full solidarity with the United States — Federal Reserve and Jerome Powell, emphasizing the importance of central bank independence.

Japan — Bank of Japan: The Japan — Bank of Japan was notably absent from the joint statement of solidarity, with officials refraining from commenting on other central banks' actions.

European Union — European Central Bank: The European Union — European Central Bank Forum is mentioned as a venue where United States — Federal Reserve Chair Kevin Warsh might speak, potentially influencing market sentiment.

Japan — Bank of Japan: The Japan — Bank of Japan's gradual pace of interest rate increases, despite a recent hike, is seen as insufficient to stem the Japan — Japanese yen's depreciation, and there are concerns about government pressure to limit further rate hikes.

European Union — European Central Bank: The European Union — European Central Bank's policy decisions, particularly on interest rates, are being influenced by how rising crude oil costs affect wider inflation.