19:45:20
Peel, chief economist of the Bank of England: Whether to further tighten monetary policy depends on the persistence of inflation.
19:45:01
Peel, chief economist of the Bank of England: The Monetary Policy Committee does not intend to give directional guidance for future interest rates.
19:43:42
Bank of England Chief Economist Peel: Confident that inflation will fall to the 2% target.
19:43:33
Bank of England Chief Economist Peel: The inflation outlook is moving in a "more favorable" direction.
19:43:10
Peel, chief economist of the Bank of England: The latest Bank of England policy reflects the persistence of inflation risks.
19:42:19
Peel, chief economist of the Bank of England: more work may need to be done to curb inflation.
19:41:37
Bank of England Chief Economist Peel: Expect to see a sharp drop in inflation.
19:41:30
Bank of England chief economist Peel: Inflation is still too high.
19:40:34
U.S. Senate Majority Leader Schumer: Republicans must "avoid default issues."
19:39:59
RBC: Raises Saudi Aramco target price to SAR 34 from SAR 33.
19:39:32
U.S. Senate Majority Leader Schumer: Staff will continue meeting on debt ceiling negotiations.
19:20:25
State Oil Company of Azerbaijan (SOCAR): Refining capacity of STAR refinery in Turkey is expected to reach 12 million tons in 2023, compared to 11.3 million tons in 2022.
19:13:13
Market news: The Central Bank of Zimbabwe has issued a gold-backed digital currency worth 14 billion Zimbabwe.
19:09:03
Tata Motors: Jaguar Land Rover expects chip supply to gradually improve.
19:00:54
Market news: Mitsubishi UFJ Bank plans to issue AT1 bonds on May 26.
18:49:45
Riksbank Deputy Governor Jansson: If we get off track in dealing with inflation, then I am willing to reconsider the monetary policy stance.
18:48:41
Jansson, deputy governor of the Riksbank: Inflation needs to return to the target level by 2024.
18:38:25
Riksbank Deputy Governor Jansson: I could have considered a bigger rate hike in April.
18:32:25
BofA Global Research now expects the BoE to deliver a final 25 basis point rate hike in June, raising the terminal rate forecast to 4.75% from 4.5% previously.
18:31:33
Jansson, deputy governor of the Riksbank: However, problems often start locally and can spread rapidly, so we must remain vigilant.