The final value of U.S. non-farm productivity in the first quarter was 0.2%, in line with expectations of 0.1% and the previous value of 0.30%.

Analyst Mark Schroers: The new interest rate guidance sounds very cautious. President Lagarde may have learned a lesson not to give too much guidance on future actions.

ECB: Monetary policy keeps financing conditions restrictive.

ECB: It is appropriate for monetary policy to remain moderately restrictive.

ECB: Domestic price pressures remain strong.

After the European Central Bank cut interest rates, German bonds extended their losses, with the 10-year government bond yield rising 4 basis points to 2.55%.

ECB: (Policies) have made a significant contribution to reducing inflation.

ECB: The Governing Council stands ready to adjust all its tools.

ECB: Regularly review interest rates and the impact of interest rates on policy stance.

ECB: Continue to maintain flexibility in reinvesting the Pandemic Emergency Purchase Program (PEPP).

ECB: The interest rate path is determined by the inflation outlook and the transmission of policy effects.

ECB: Inflation is likely to remain above target for a long time next year.

ECB: Will follow a data-dependent, meeting-by-meeting decision-making approach.

ECB: It is now time to appropriately ease policy restrictions.