Market news: U.S. Treasury Secretary Yellen will testify before the Senate Finance Committee.

British Finance Minister Hunt expressed full support for Bank of England Governor Bailey.

Bank of England: Bank of England Governor Bailey said there were further encouraging signs on inflation.

Bank of England: Bank of England Governor Bailey said the situation is moving in the right direction.

Bank of England monetary policy member Dhingra voted in favor of a 25 basis point interest rate cut, which was consistent with the vote in February.

Bank of England: Significant risks remain, especially from developments in the Middle East.

Bank of England: Staff forecast GDP growth of 0.1% in the first quarter (0.1% in February), with slight growth expected in the second quarter.

Bank of England: The spring budget measures are expected to increase GDP by about 0.25% in the next few years, while having a smaller impact on inflationary pressures.

Bank of England: Businesses expect wage adjustments to fall and will face the problem of passing on cost increases to prices.

Bank of England: CPI is expected to be slightly below 2% in the second quarter due to the fuel tax freeze in the budget.

Bank of England: Service sector inflation remains high and is expected to gradually fall.

Bank of England: Bank of England Governor Bailey said that it is necessary to ensure that inflation reaches 2% and remains at this level.

Irish Prime Minister Varadkar: I have not yet decided whether I will run again.

Belgian Prime Minister De Croo: We need to adjust the nuclear supply chain as soon as possible to disconnect from Russia.

UK MOD: Australia has committed significant investment in the UK submarine industrial base, including the Rolls-Royce factory in Derby.

Dutch Prime Minister Rutte: The Netherlands does not support the use of common EU debt instruments in military spending.

Birol, Director of the International Energy Agency: Zero emissions cannot be achieved without nuclear energy.