TOPSHOT - US Federal Reserve Chair Jerome Powell speaks during a press conference after announcing monetary policy decision at the Federal Reserve Board Building in Washington, DC, on April 29, 2026. A divided US Federal Reserve kept interest rates unchanged for a third straight meeting Wednesday on high uncertainty from the Middle East war, in what was likely its last gathering helmed by Jerome Powell. (Photo by Kent NISHIMURA / AFP via Getty Images)

TOPSHOT - German Chancellor Friedrich Merz speaks during the German National Maritime Conference in Emden, northern Germany, on April 29, 2026. The National Maritime Conference (NMK) is the Federal Government's central event for supporting the maritime industry, attended by around 800 representatives from business, politics and science, and has established itself as a driver of new ideas and a platform for exchange. It has been held every two years since 2000. (Photo by FOCKE STRANGMANN / AFP via Getty Images)

Pedestrians walk past an electronic quotation boards displaying 10-year government bonds (L), with a reading of 2.515%, the highest level in approximately 27 years and 3 months, along a street in Tokyo on April 30, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

Pedestrians walk past an electronic quotation boards displaying the foreign exchange rate of the Japanese yen against the US dollar along a street in Tokyo on April 30, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

A man walks past an electronic quotation boards displaying the exchange rates between the Japanese yen and major world currencies including a rate against US dollar (top, L) along a street in Tokyo on April 30, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

Pedestrians walk past an electronic quotation boards displaying the Nikkei Stock Average on the Tokyo Stock Exchange along a street in Tokyo on April 30, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images)

Workers build a wooden fishing boat at a yard in in Banda Aceh on April 30, 2026. (Photo by CHAIDEER MAHYUDDIN / AFP via Getty Images)

A worker builds a wooden fishing boat at a yard in in Banda Aceh on April 30, 2026. (Photo by CHAIDEER MAHYUDDIN / AFP via Getty Images)