United States — Federal Reserve & Japan — Bank of Japan

United States — Federal Reserve: The United States — Federal Reserve kept its key interest rate unchanged for the fourth straight meeting and released quarterly projections for the economy and interest rates, expecting weaker growth, higher inflation, and higher unemployment.

Japan — Bank of Japan: The Japan — Bank of Japan kept its key short-term rate unchanged, after recently raising it, providing a different approach compared to other central banks.

United States — Federal Reserve: The United States — Federal Reserve is facing unprecedented political pressure and threats of criminal indictment against its Chair, Jerome Powell, which could undermine its independence and credibility in setting monetary policy.

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.

United States — Federal Reserve: The United States — Federal Reserve, through its Chair Jerome Powell, has expressed concerns about the economic uncertainty caused by the energy shock from the conflict.

Japan — Bank of Japan: The Japan — Bank of Japan's data was cited in reports regarding potential government intervention to prop up the yen, which has been affected by surging oil prices.