Bank of England Governor Bailey: The work is not done yet.

ECB Governing Council member Wensch: More confident in using forecasts as anchors.

ECB Governing Council Member Wensch: We cannot yet conclude that the terminal interest rate has been reached.

ECB Governing Council Member Wensch: Wages may have peaked, but this is still uncertain.

Portugal approves measures to ease rising mortgage rates.

ECB Governing Council Member Wensch: Whether we need to take more action is a very difficult question.

Sources: India has told Tesla (TSLA.O) that it is impossible to provide incentives for battery energy storage plants, but India can consider providing subsidies for buyers.

Sources: Tesla (TSLA.O) has submitted a proposal to Indian officials to build a factory for battery storage products.

South African Central Bank Governor: Developed economies were talking about the possibility of a recession at some stage, but that doesn’t seem to be happening.

South African Central Bank Governor: Recession is not in our basic expectations.

Governor of the South African Central Bank: In the past few months, real interest rates have risen, not because of anything the central bank has done, but because the effects of the policies are starting to show and inflation is falling.

Pakistan Energy Minister: Pakistan has insufficient supply of LNG through long-term contracts. Pakistani industry may face gas shortage during winter.

JPMorgan expects the Bank of England to keep interest rates unchanged in November this year and in 2024.

The Istanbul Stock Exchange Bank Index rose 2.64%.

Market news: British prosecutors will prosecute five Bulgarians for alleged involvement in the Russian espionage case.

South African Central Bank Governor: Will be ready to take action if inflation risks arise.

South African Central Bank Governor: Our work on dealing with inflation is not done yet.

Governor of the South African Central Bank: Increasing energy supply, moderating managed price inflation, and bringing real wage growth in line with productivity will enhance the effectiveness of monetary policy and transmit it to the broader economy.