The Bank of Israel: Inflation is expected to be 2.4% in the next year (previously expected to be 2.4%).

Bank of Israel: Indicators of economic activity and employment conditions point to a gradual recovery in the economy after the sharp decline seen at the outbreak of the conflict, but with wide differences across sectors.

Bank of Israel: There is considerable uncertainty about the expected severity and duration of the conflict, which in turn affects the extent of its impact on economic activity.

Bank of Israel: The conflict has had significant economic consequences both for real economic activity and financial markets.

Bank of Israel: The interest rate path will be determined based on the continued convergence of inflation towards target, continued stability of financial markets, economic activity and fiscal policy.

Bank of Israel: The Monetary Board’s policies focus on stabilizing markets and reducing uncertainty while maintaining price stability and supporting economic activity.

The Bank of Israel lowered its benchmark interest rate to 4.5%, in line with market expectations.

Japan Meteorological Agency official: The depth of the earthquake changed from "shallow" to 16 kilometers.

Russian President Vladimir Putin: Russia wants to end the conflict in Ukraine on its own terms.

A spokesman for the Egyptian Ministry of Supply: Egypt’s strategic reserves of rice are sufficient for 1.4 months and vegetable oil for 3.4 months.

Officials from the Japan Meteorological Agency: The magnitude of this earthquake in the Noto Peninsula area of Ishikawa Prefecture was 7.6, making it the largest earthquake in the area since data records began in 1885.

Chief Cabinet Secretary Hayashimasa Hayashi: So far, local governments have not made requests to dispatch the Self-Defense Forces to earthquake-stricken areas.

Japan’s Chief Cabinet Secretary Hayashi Masaru: No abnormalities have been found in nuclear facilities so far. It is confirmed that a house has been destroyed and the extent of damage will continue to be verified. Some roads have been blocked and Noto Airport is closed.

Japanese Defense Minister: The Japanese military is in contact with local authorities and is ready to assist in any earthquake rescue operations to respond to the situation in the earthquake area.

Korea Meteorological Administration: The tsunami wave height after the major earthquake in Japan may continue to increase after the first impact and last up to 24 hours.

Korea Meteorological Administration: A 45-centimetre-high tsunami has reached Muho City, Gangwon Province, on the east coast of South Korea.

Tata Motors: Domestic sales in December were 76,138 vehicles, a year-on-year increase of 4.3%.