IMF Managing Director Georgieva: Financial stability in the UK has been restored after stress on pension funds in 2022.

IMF Managing Director Georgieva: UK interest rates are expected to remain high for a long time.

Market news: European Commission further disburses 1.5 billion euros in Ukraine aid.

Bank of England Governor Bailey: Private sector wages are not growing as fast as we thought.

Bank of England Governor Bailey: We do have challenges in terms of communication.

AUD/USD is down 0.50% on the day and is now trading at 0.6620.

United Trade Unions: The strike will start on June 1 until 3, then the next round will start from June 8 to 10.

Bank of England Governor Bailey: We have to make policy in real time.

Bailey, Governor of the Bank of England: We have experience in thinking about how to deal with monetary policy in the face of very large economic shocks.

The British United Trade Union: About 1,650 contractors will start a new round of 48-hour strike action.

According to the Interfax news agency: The Russian Navy Commander visited the Iranian defense factory.

According to the Wall Street Journal: JPMorgan Chase (JPM.N) will invest more than $200 million in carbon credits.

Bank of England Chief Economist Peel: Long-term inflation expectations have not deviated from target.

Sam Altman, founder of OpenAI: will use the trip to Europe to study the construction of the new office.

BoE Governor Bailey: I underestimated food price inflation.

South African electricity utility Eskom: The fifth phase of the blackout will be implemented from 16:00 on Tuesday afternoon to 05:00 on Wednesday morning.

Bank of England Governor Bailey: If there is evidence of longer-lasting inflationary pressures in the UK, then we need to tighten monetary policy further.

Bank of England Governor Bailey: Service sector inflation is on the trajectory we expected in February.

Bank of England Governor Bailey: The Bank of England Monetary Policy Committee will adjust bank interest rates if necessary to bring inflation back to a sustainable target level in the medium term.