Ford (FN): (Following UK date for postponement of ban on petrol and diesel cars) electric car plans in Europe will not waver, with all-electric vehicles on offer by 2030.

Government of India: India is committed to achieving zero emissions by 2070.

Fed Goolsby: Wages typically lag prices, so short-term fluctuations should not be used to predict inflation.

Fed Goolsby: The idea of raising the inflation target is quite risky.

Fed Goolsby: Long-term inflation expectations are "firm" and could help lower inflation with "less economic impact."

Fed Goolsby: Evidence shows that the inflationary outbreak in 2021 is mainly supply-related; ignoring supply improvements will lead to excessive adjustments.

Fed Goolsby: The Fed will bring inflation back to target, but there is a chance it can do so without experiencing a recession.

Fed Goolsby: Recent data shows that inflation is slowing without unemployment, which is contrary to past U.S. patterns.

Fed Goolsby: The Fed needs to be "very careful" not to tie policy to historical relationships that may not apply in the current economy.

Fed Goolsby: Some analyzes suggest inflation will reach target soon, "without further policy tightening" and the economy will slow only modestly.

The UK 30-year government bond yield rose to its highest level since October 12, 2022, at 4.964%, up 17 basis points on the day.

Financial website Forexlive: The overall GDP data of the United States in the second quarter may make people feel that there is nothing noteworthy, but consumption in this quarter has weakened a lot, and the inflation rate has also declined. Both of these things are important for future monetary policy. Additionally, corporate profits have been stronger.

The U.S. 10-year Treasury bond yield fell 2 basis points to 4.606%.

The Australian dollar AUD/USD broke through 0.64, rising 0.76% on the day.

The final annualized quarterly rate of U.S. corporate profits in the second quarter was -4.1%, compared with the previous value of 1.6%.

The final annual rate of the U.S. core PCE price index in the second quarter was 4.6%, compared with the previous value of 4.4%.