
8 JUNE 2026
Global Macro Insights: May 2026
In May, markets stayed relatively contained despite volatility driven by ongoing Middle East tensions and uncertainty around a possible resolution. Central bank rhetoric remained hawkish, and some central banks tightened monetary policy with others indicating similar moves could materialize soon. Looking ahead, growth and inflation risks tied to the Middle East conflict remain central, reinforcing the need for selective, country-by-country analysis, according to the Templeton Global Macro team.







