RBA Chairman Lowe: Expect to see further increases in housing rents.

Kazuo Ueda, Governor of the Bank of Japan: Due to the increase in the variety of instruments and the advancement of monetary policy setting, the central bank needs to be more careful about the way they communicate.

Bank of Japan Governor Kazuo Ueda: It is hard to deny the possibility that we are already in a new normal different from the period of "prolonged low inflation".

The Nikkei 225 opened down 0.9%.

Market news: US President Biden will arrive in Colorado at 5:40 pm local time on Wednesday.

RBA Chairman Lowe: Inflation cannot be allowed to remain outside the (target) range after mid-2025.

According to the statement of the Brazilian government: the President of Argentina will visit Brazil on June 26.

RBA Chairman Lowe: The RBA will take necessary measures to reduce inflation.

RBA Chairman Lowe: Inflation expectations are solid, but we cannot take it lightly.

RBA Governor Philip Lowe: Service price inflation remains too high.

Berkshire Hathaway increased its stake in Occidental by an additional 4.66 million shares.

RBA Governor Philip Lowe: Reasons for weak productivity growth are complex.

RBA Chairman Lowe: There is no single variable driving our decisions.

RBA Chairman Philip Lowe: The level of interest rates depends to a large extent on data.

Congressional Budget Office (CBO): We estimate that if the debt ceiling bill passes, our forecast for the 2023-2033 budget deficit will be reduced by about $1.5 trillion relative to the May forecast.

RBA Chairman Lowe: Monetary policy is in a restrictive range.

RBA Governor Philip Lowe: Weak productivity growth is a concern for the inflation outlook.

RBA Chairman Philip Lowe: Nominal wage growth is not a source of inflation.

RBA Chairman Lowe: Nominal wage growth is not the problem, productivity is.