19:00:02
In the United States as of May 12, the MBA 30-year fixed mortgage rate was 6.57%, the previous value was 6.48%.
18:57:18
French Finance Minister Le Maire: Expect talks to break inflation spiral.
18:56:24
French Finance Minister Le Maire: Negotiations (with the food industry) will reduce food prices.
18:49:04
French Finance Minister Le Maire: The food industry has agreed to reopen price negotiations ahead of schedule.
18:43:21
Riksbank Deputy Governor Floden: We are in a difficult situation in terms of balancing the risk of raising interest rates too much and too little.
18:36:44
Riksbank Deputy Governor Floden: This is largely related to food prices, so the current direction is correct, but there is still a long way to go to get close to the inflation target.
18:36:27
Riksbank Deputy Governor Floden: April inflation data is a gratifying result.
18:29:18
WTI crude oil increased by 1.00% within the day and is now at $71.25/barrel; Brent crude oil rose 0.94% to $75.18/barrel.
18:27:29
Bank of England Governor Bailey: We spend a lot of time thinking about how to get the "right balance".
17:59:05
Market news: The Indian cabinet has decided not to raise fertilizer prices.
17:57:06
Bank of England Governor Bailey: With headline inflation falling, second-round effects are unlikely to disappear as quickly as they appear.
17:56:32
Bank of England Governor Bailey: Changes in interest rates are still affecting the economy.
17:55:43
Bank of England Governor Bailey: People should look for opportunities in the highly competitive retail banking market.
17:55:03
Bank of England Governor Bailey: The situation is better than it looked a few months ago.
17:55:02
Bank of England Governor Bailey: I want to strongly counter the view that you sometimes hear that inflation is high because monetary policy has been too loose in the past.
17:54:16
Bank of England Governor Bailey: We know that high interest rates will make it difficult for many people, but we also realize that high inflation always hits the least well-off the hardest.
17:53:18
Bank of England Governor Bailey: The Monetary Policy Committee has not adjusted monetary policy due to the situation in the global banking system.
17:52:45
BoE Governor Bailey: The British people can trust their banks.
17:52:29
Bank of England Governor Bailey: The Monetary Policy Committee will continue to pay close attention to indicators of the persistence of inflationary pressures.
17:52:16
Bank of England Governor Bailey: The MPC is continuing to address the risks of continued strength in domestic prices and wages.