Bank of England Governor Bailey: We spend a lot of time thinking about how to get the "right balance".

Market news: The Indian cabinet has decided not to raise fertilizer prices.

Bank of England Governor Bailey: With headline inflation falling, second-round effects are unlikely to disappear as quickly as they appear.

Bank of England Governor Bailey: Changes in interest rates are still affecting the economy.

Bank of England Governor Bailey: People should look for opportunities in the highly competitive retail banking market.

Bank of England Governor Bailey: The situation is better than it looked a few months ago.

Bank of England Governor Bailey: I want to strongly counter the view that you sometimes hear that inflation is high because monetary policy has been too loose in the past.

Bank of England Governor Bailey: We know that high interest rates will make it difficult for many people, but we also realize that high inflation always hits the least well-off the hardest.

Bank of England Governor Bailey: The Monetary Policy Committee has not adjusted monetary policy due to the situation in the global banking system.

BoE Governor Bailey: The British people can trust their banks.

Bank of England Governor Bailey: The Monetary Policy Committee will continue to pay close attention to indicators of the persistence of inflationary pressures.

Bank of England Governor Bailey: The MPC is continuing to address the risks of continued strength in domestic prices and wages.

Bank of England Governor Bailey: Inflation is too high and we need to bring it down sustainably to the 2% target.

Bank of England Governor Bailey: If there is evidence that the pressure will last longer, then further tightening of monetary policy will be needed.

German Foreign Minister: We want to secure energy supplies by cooperating with Qatar.

South Korean President Yoon Suk-yue: We will also work with Canada on key economic security issues, including supply chain and clean energy issues.

South Korean President Yoon Seok-yue: We have reached an agreement to deepen cooperation in the fields of key minerals and energy.

South Korean President Yoon Suk-yue: I have reached an agreement with Canadian Prime Minister Trudeau to expand our support for cooperation in the defense industry.