IMF Managing Director Georgieva: It is still expected that the Federal Reserve may cut interest rates once in 2024, and there will be further interest rate cuts in 2025.

Investment Company Institute (ICI): U.S. money market assets increased to $6.103 trillion in the week ending June 26.

International Monetary Fund: The United States should avoid (imposing) tariffs; should promote trade through dialogue.

IMF Managing Director Georgieva: The Fed should only lower its policy rate after there is clear evidence that inflation is returning to its 2% target on a sustained basis.

IMF Managing Director Georgieva: The core PCE inflation rate in the United States is expected to be around 2.5% this year.

The Hang Seng Index futures closed down 0.49% at 17,524 points in the night session, 192 points below the spot price.

Banco de Mexico: Maintains inflation forecast for the end of 2024 unchanged at 4.0%; raises core inflation forecast for the end of 2024 to 3.9% from the previous 3.8%.

International Monetary Fund: The United States should cancel a series of tax expenditures, reform welfare programs, and transfer some savings to poverty alleviation programs.

IMF: The United States needs to reduce its annual deficit to GDP by about 4% from its current baseline to put it on a downward trajectory.

IMF: U.S. should gradually raise income tax rates, including for those making less than $400,000 a year.

International Monetary Fund: Under current policies, total U.S. government debt will exceed 140% of GDP in 2032.

IMF: The United States urgently needs to reverse the continued increase in its debt-to-GDP ratio.

International Monetary Fund: The U.S. economy has proven to be strong, dynamic, and able to adapt to a changing global environment beyond expectations.

Brazilian President Lula: Interest rates are only a tool to reduce inflation.

According to NBC News: A Canadian National Railway freight train derailed in Chicago.

Federal Reserve Board Governor Bowman: Loose financial conditions may push up inflation.

Federal Reserve Board Governor Bowman: We remain "cautious" when weighing future changes in Fed interest rates.