Bank of England Governor Bailey: The economy is more resilient than we expected.

Bank of England Governor Bailey: Economic growth outlook has improved slightly, but not strong.

Bank of England Governor Bailey: We expect some degree of stagflation.

Bank of England Governor Bailey: We must remain unwavering in continuing to raise interest rates.

The quarterly economic forecast of the Bank of England: GDP growth will pick up, unemployment rate will rise steadily

Spanish Environment Minister: The total expenditure for drought mitigation will reach 2.19 billion euros.

Bank of England: Real after-tax household income expected to be 1% in 2023 (-0.5% expected in February), 1% in 2024 (1.5% expected in February), and 1% in 2025 (0.75% expected in February) ).

Bank of England: Wage growth expected to be 5% in Q4 2023 (vs. 4% expected in February), 3.5% in Q4 2024 (vs. 2.25% expected in Feb), and 2.5% in Q4 2025 (vs. expected in Feb) 1.5%).

Bank of England: According to market interest rates, the unemployment rate is expected to be 3.8% in the fourth quarter of 2023 (4.3% expected in February), 4.0% in the fourth quarter of 2024 (4.8% expected in February), and 4.0% in the fourth quarter of 2025 4.4% (vs. 5.3% expected in February).

Czech Finance Minister: 2025 fiscal deficit will be 1.2% of GDP.

[BoE: The UK is expected to avoid a recession, with a record GDP revision] The Bank of England raised its key interest rate by 25 basis points to 4.5%, in line with expectations. Inflation is easing more slowly than expected, and longer-lasting price pressures will require further tightening of monetary policy. By mid-2026, the actual size of the UK economy will be 2.25% larger than forecast in February. It was the biggest upward revision to growth forecasts since the bank gained independence in 1997.

Bank of England: Based on market rates, rates are expected to be 4.8% in Q4 2023 (4.4% expected in February), 4% in Q4 2024 (3.7% expected in February), and 3.7% in Q4 2025 % (3.4% expected in February).

UK 10-year gilt yields fell 2 basis points to 3.781%.

Bank of England: Monetary policy report shows higher path for CPI rise.

The three-month U.S. dollar LIBOR fell 2.2 basis points, the biggest drop since March 24.

European Central Bank Governing Council Hernandez De Cos: Interest rates are still the main monetary policy tool.

Chief of Staff of Hungarian Prime Minister Orban: It is too early to determine whether additional budgetary measures will be needed to control the budget deficit in 2023.