Bank of England chief economist Peel: Equilibrium interest rates are still likely to be positive.

Peel, chief economist of the Bank of England: If we implement restrictive policies for a long time, we will run the risk of pushing the economy into recession and pushing inflation below the target value.

Bank of England chief economist Peel: It does not seem entirely unreasonable to consider the interest rate stance in the middle of next year.

Peel, chief economist of the Bank of England: The Monetary Policy Committee believes that restrictive interest rates need to be maintained at least for a period of time.

Bank of England chief economist Peel: We still don’t know what the economic impact of the conflict in the Middle East will be.

Peel, chief economist of the Bank of England: We cannot make promises on the outlook for monetary policy and need to maintain flexibility in interest rate decisions.

UN Secretary-General Guterres: There is an urgent need to implement a humanitarian ceasefire in Gaza. The United Nations needs $1.2 billion to help the 2.7 million Palestinians in Gaza and the West Bank. The Rafah crossing into Gaza from Egypt does not have sufficient capacity to handle the size of aid trucks required.

Bank of England chief economist Peel: British inflation will soon be in line with the rest of the world.

Peel, chief economist of the Bank of England: The inflation rate fell quite significantly in October.

The Israeli military says it is currently attacking Hezbollah targets in Lebanon.

Peel, chief economist of the Bank of England: The slowdown in the British economy is affecting the supply side.

Bank of England chief economist Peel: We are seeing more signs of a slowdown in economic activity.

Bank of England chief economist Peel: Still trying to get inflation down to 2%.

Fed Governor Cook: It is important to focus on distributional results, although monetary policy is a "rough" tool.

Fed Governor Cook: The Fed is trying to balance two risks and hopes to achieve a soft landing.

Fed Governor Cook: We hope that the current policy settings are strict enough to bring the inflation rate back to 2%.

A spokesman for the U.S. Department of Defense said the number of civilian casualties in the Gaza Strip reached thousands, but did not give specific figures.

Senior EU diplomats said they were waiting for a proposal from the G7 to impose sanctions on Russian diamonds.