Turkish President Erdogan: Turkey is ready to play a mediating role in the Palestinian-Israeli conflict.

Fed Vice Chairman Thomas Jefferson: Monetary policy is not designed to address inequality.

EU launches emergency review of Palestinian aid package.

Fed Vice Chairman Jefferson: Optimism is supporting stronger consumer spending than I expected. Retail sales are quite strong.

Fed Vice Chairman Jefferson: Job growth is a good thing. We just want employment growth to be consistent with the path of inflation falling back to 2%.

Fed Vice Chairman Jefferson: We will use data in real time to take appropriate response measures.

Turkish President Recep Tayyip Erdogan has urged Turkish retailers to lower prices.

Fed Vice Chairman Jefferson: We have to realize that what Fed policymakers say may affect what happens, and we have to be flexible.

Fed Vice Chairman Jefferson: As a policymaker, I realize that the cumulative effects of past interest rate increases have not yet been felt.

Fed Vice Chairman Jefferson: Starting in 2024, more people will be affected by rising interest rates.

Fed Vice Chairman Jefferson: Higher yields may reflect a few different factors. The current monetary policy is tight.

Fed Vice Chairman Jefferson: The equilibrium real interest rate in the economy may have risen.

Galipolo, Deputy Governor of the Central Bank of Brazil: We are monitoring the impact of the Palestinian-Israeli conflict on asset prices. Oil and the dollar are attracting more attention.

Brazilian stocks reversed losses and the Brazilian real pared losses against the dollar.

Fed Vice Chairman Jefferson: Downside risks to economic activity include an economic slowdown in regions such as Europe.

Fed Vice Chairman Jefferson: There is a path to restoring price stability without significantly increasing unemployment.

Fed Vice Chairman Jefferson: Recent inflation data are "encouraging" but still too high.

Fed Vice Chairman Jefferson: Higher bond yields will be taken into account when assessing the future path of interest rates.