Federal Reserve Chairman Powell: In the United States, an independent Federal Reserve enjoys very broad support.

Market News: South Africa has approved 63 cryptocurrency licenses since April 22.

Federal Reserve Chairman Powell: Tightening policy is closely related to supply conditions.

Neto, President of the Central Bank of Brazil: The risk premium in emerging markets is higher.

U.S. Department of Energy: The Petroleum Reserve Bureau said it has signed a contract for the sale and liquidation of 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve.

ECB President Lagarde: We take into account the spillover effects from other central banks.

Federal Reserve Chairman Powell: Some service industry inflation is catch-up inflation.

Federal Reserve Chairman Powell: Wage growth remains above the final equilibrium level.

Federal Reserve Chairman Powell: Wage growth is falling back to more sustainable levels.

ECB President Lagarde: We need to see (corporate) profits absorb wage growth.

Federal Reserve Chairman Powell: It is generally more difficult to reduce inflation in the service industry.

ECB President Christine Lagarde: We are very concerned about the composition of inflation and factors in the service industry.

Brazil has been more affected by the recent market sell-off, which has more to do with market noise than fundamentals, according to Neto, the president of the Central Bank of Brazil.

ECB President Lagarde: Inflation is moving in the right direction.

The three major U.S. stock indexes erased their opening losses and turned higher.

Neto, President of the Central Bank of Brazil: We have seen that inflation has fallen back.