The White House said it was working on a bipartisan debt solution.

The White House said that the budget negotiations will be very difficult, and the two sides have substantive differences on the budget issue.

European Central Bank executive member Schnabel: It seems that fiscal policy is too expansionary, and inflation expectations are still high.

European Central Bank executive member Schnabel: There are concerns about the second-round impact (inflation).

European Central Bank executive member Schnabel: Underlying inflation is still very high and strong.

Greenpeace Russia said it would close the organization after it was designated as "undesirable".

Spot gold fell back by US$5 in the short term and is now at US$1975.17 per ounce.

Federal Reserve Chairman Powell: This is still a period of extremely high uncertainty in history.

Federal Reserve Chairman Powell: Market pricing also includes risk compensation.

Fed Chairman Powell: This seems to reflect a different forecast that inflation will fall faster.

Federal Reserve Chairman Powell: The market has recently priced in interest rate movements differently.

Federal Reserve Chairman Powell: The assessment will be ongoing.

Fed Chairman Jerome Powell: The survey of market participants is closer to our own forecasts.

Federal Reserve Chairman Powell: The summary of economic forecasts is very useful, although it is not a forecast.

Fed Chairman Powell: There are challenges in communication, especially with regard to the economic outlook.

Fed Chair Powell: Job vacancies are a more important indicator during a pandemic.

Fed Chairman Powell: The Phillips curve may have also steepened.