Bank of England Governor Bailey: It is absolutely necessary for the Bank of England to raise interest rates today.

Bailey, Governor of the Bank of England: We have not hinted at what the interest rate will be next.

Bank of England Governor Bailey: We are not seeking to trigger a recession.

Both the U.S. oil and Bursa oil fell by US$0.5 in the short term, and are now at US$70.45/barrel and US$75.14/barrel respectively.

FDIC Chairman: Banking institutions will propose new capital rules "in the near future" to implement Basel but unlikely to be finalized before mid-2024 The rules apply to banks with more than $100 billion in assets.

Russia’s central bank’s gold and foreign exchange reserves for the week ended June 16 totaled US$587.5 billion, up from US$585.7 billion previously.

Citigroup revived its bullish USD/TRY forecast after the Turkish central bank decision.

The three major U.S. stock index futures generally fell, the Dow futures fell 0.25%, the S&P 500 futures fell 0.19%, and the Nasdaq futures fell 0.19%.

IMF Managing Director Kristalina Georgieva: We have achieved our goal of reallocating $100 billion in special drawing rights to fragile states.

Treasury yields were little changed after the release of the preliminary data, with the U.S. 10-year yield rising 0.20 basis points to 3.725%.

U.S. stock futures continued to fall after the release of the preliminary data.

In the United States, the four-week average of initial jobless claims for the week ending June 17 was 255,750, compared with the previous value of 246,750.

In the United States, the Chicago Fed National Activity Index in May was -0.15, the previous value was 0.07.