UK Defense Secretary: We are helping Ukrainians defend their homeland.

Bank of England Governor Bailey: Easing food inflation will take longer than expected.

Bank of England Governor Bailey: I am very aware of the hardship that rising food prices cause for people.

Bank of England Governor Bailey: Expect food inflation to slow.

BoE Governor Bailey: Rising food prices drive inflation.

Bank of England Governor Bailey: The fall in natural gas prices has allowed the Bank of England to improve its economic outlook forecast.

[The drought situation in many parts of France is severe] According to French media news on May 11, since the 10th, three-quarters of the French Eastern Pyrenees province has entered a severe drought alert. In addition, Gard, Var and parts of the Bouches-in-the-Rhône department are also under drought warning. As of now, at least 19 provinces in France are in a state of drought to varying degrees.

Bank of England Governor Bailey: The central bank survey shows that households are more optimistic about their expectations.

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).