G7 statement says central banks remain firmly committed to achieving price stability

G7 statement, Headlines via Reuters:

• Global economy has shown resilience to multiple shocks but growth
  prospects remain below historic averages

• Central banks remain
  firmly committed to achieving price stability
• Significant
  geo-political risks from Russia’s war against Ukraine and middle east
  situation could affect trade, supply chains and commodity prices
• Welcomes EU proposal
  to direct extraordinary revenues from Russia’s frozen asset to aid Ukraine
• Will continue
  working on all possible avenues by which frozen Russian assets could
  be used to support Ukraine
• Focus on financial
  stability and regulatory issues is vital to ensure functioning of
  financial system given threats to global economy
• Remain committed to
  holding on to frozen Russian assets
• We’re concerned
  about the crisis in Gaza
• Will ensure close
  coordination of any future measure to diminish Iran’s ability to
  acquire, produce or transfer weapons
• Call for stability
  in the wider region, noting economic risks posed by regional
  escalation

Nothing surprising here from the G7. They go out of their way not to be surprising.

The Group of Seven (G7) :

• Britain, Canada, France, Germany, Italy, Japan, the United States plus the European Union

This article was written by Eamonn Sheridan at www.forexlive.com.