Bank of England Governor Bailey: Businesses often emphasize that raising the minimum wage leads to a compression of wage levels.

Sources said the chairman of the OPEC+ Joint Ministerial Monitoring Committee (JMMC) said at the meeting that member countries must commit to the compensation plan.

ECB board member Stournaras: September decision will depend on data.

Bank of England Deputy Governor Ramsden: We estimate that raising the minimum wage would add about 0.3 percentage points to wage growth, and the evidence so far seems consistent with this.

Bank of England Governor Bailey: Raising the minimum wage does not bring bad news from our perspective.

Bank of England Governor Bailey: Businesses do discuss with us frequently the issue of raising the minimum wage.

Bank of England Governor Bailey: There are signs that wages and price setting will return to normal.

Bank of England Governor Bailey: We should not adjust our policy direction because of every data surprise.

Bank of England Governor Bailey: We need to look very carefully at the prices of services.

Bank of England Governor Bailey: Service industry inflation, excluding volatile components such as air tickets and hotels, may be a better guide.

Barclays CEO: A moderate interest rate cut is not expected to have much impact.

Bank of England Governor Bailey: Service price inflation is likely to rise slightly in August and then fall over the rest of the year.

Bank of England Governor Bailey: It is very welcome that inflation has remained at 2% for two consecutive months.

The monthly layoff rate of challenger companies in the United States in July was -46.94%, compared with -23.55% in the previous month.