Jordan, President of the Swiss National Bank: More second-round effects are expected in the future.

SNB President Jordan: The battle against inflation is not over yet.

SNB President Jordan: Core inflation remains very strong.

Swiss National Bank President Jordan: The possibility of further tightening of monetary policy cannot be ruled out.

SNB President Jordan: Inflation remains a problem in Switzerland.

ECB Governing Council Müller: Core inflation has not yet shown signs of slowing significantly.

ECB Governing Council Muller: No one knows how high interest rates will have to be raised.

German Ministry of Economy: Based on current electricity prices, subsidies will cost 25-30 billion euros by 2030.

German Ministry of Economy: This price reduction measure will apply to 80% of basic electricity consumption.

German Ministry of Economy: The goal is to keep companies internationally competitive.

German Ministry of Economy: Proposes to set the industrial electricity price at 6 cents/kWh by 2030.

The UK construction PMI in April was 51.1, expected 51, and the previous value was 50.7.

UBS: The European Central Bank is now expected to raise interest rates by 25 basis points in July, bringing the terminal rate to 3.75%.

USD/CHF gained 0.50% on the day and is now at 0.8902.

USD/CHF hit 0.89 higher against the Swiss franc, up 0.50% on the day.

Russian Foreign Minister Lavrov: Russia is discussing with India how to use the Indian rupee surplus.

European Commission Vice President Vestager: We should reject the idea of weakening competition enforcement during the crisis.