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Fed's Musalem Lowers GDP Estimates Amid War Uncertainty

Fed's Musalem has revised the GDP growth forecast for the year down to 1.5%-2% from the previous 2%-2.5%, citing the ongoing war. However, there are no clear impacts from the war observed yet on consumer spending.
Date: 15.04.2026  |  Source: FOR-EX.NEWS

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Instrument Price Change (%)
EURUSD 1.180160 +0.047474%
GBPUSD 1.356280 -0.021377%
USDJPY 158.881000 +0.058569%
XAUUSD 4800.545000 -0.85124%
USDCAD 1.373690 -0.20777%
NZDUSD 0.591360 +0.2407%
USDCHF 0.781560 +0.11529%
AUDUSD 0.717230 +0.6568%
EURGBP 0.870020 +0.12429%
EURJPY 187.523000 +0.14793%
GBPJPY 215.530000 +0.061282%
AUDJPY 113.973000 +0.76386%
CADJPY 115.679000 +0.29739%
CHFJPY 203.274000 -0.090829%
NZDJPY 93.962000 +0.3128%
GBPCHF 1.060020 +0.12563%
EURCHF 0.922290 +0.18575%
USDMXN 17.250600 -0.060248%
USDZAR 16.357800 +0.15061%
USDTRY 44.731400 +0.007825%
USDRUB 75.990000 +0.819%
USDSEK 9.151950 -0.18323%
USDCNY 6.817500 +0.035216%

Upcoming Important Events

Time Country Event Forecast Previous
16.04.2026
01:30 🇦🇺 Employment Change (Mar) 20 48.9
01:30 🇦🇺 Unemployment Rate (Mar) 4.3 4.3
02:00 GDP Growth Rate YoY (Q1) 4.8 4.5
02:00 Gross Domestic Product YoY (Q1) 4.8 4.5
02:00 Industrial Production YoY (Mar) 5.5 6.3
02:00 Retail Sales YoY (Mar) 2.3 2.8
02:00 Unemployment Rate (Mar) 5.2 5.3
06:00 🇬🇧 Goods Trade Balance (Feb) -20.2 -14.45
06:00 🇬🇧 Goods Trade Balance Non-EU (Feb) -9.2 -3.46
06:00 🇬🇧 Gross Domestic Product MoM (Feb) 0.1 0