Euro:
1. ECB Governing Council member Rehn: No pre-commitment will be made to any specific interest rate path in the future.
2. Bundesbank: GDP growth is projected at 0.5% this year and 0.8% in 2027; inflation is projected at 2.9% this year and 2.7% in 2027.
3. ECB Governing Council member Kazmir: The task of raising interest rates is not yet complete. The economy is strong enough to absorb higher interest rates. Interest rates must be raised further to combat inflation.
4. ECB President Lagarde: High energy prices are beginning to transmit to other sectors of the economy; the indirect effects of inflation are beginning to be seen almost everywhere in recent weeks.
5. ECB Governing Council member Kazzaks: Upside risks to inflation are still seen; the ECB can take gradual action. The ECB will act again if necessary.
6. ECB Governing Council member Nagel: A second round of effects from energy cannot be ruled out. The ECB remains open to all options at its July meeting. British Pound Sterling:
1. Bank of England survey: In May, the UK public's inflation expectation for the next year was 4% (3.2% in February); long-term inflation expectation was 3.9% (3.7% in February).
2. Reuters survey: The average UK inflation rate is expected to be 3.3% in 2026, with economic growth at 1.0% (3.2% and 0.8% respectively in the May survey); the Bank of England is expected to keep its benchmark interest rate unchanged at 3.75% this year; 25 economists surveyed expect at least one rate hike of 25 basis points, and 6 predict one rate cut.
Japanese Yen:
1. Former Bank of Japan Chief Economist Seisaku Kameda: The US-Iran peace agreement is unlikely to change the Bank of Japan's expectation of two rate hikes this year. The bank is expected to raise the rate from 0.75% to 1% on Tuesday. Deputy Governor Shinichi Uchida is expected to reiterate the central bank's determination to continue raising rates, but will avoid giving a clear hint about the timing of the next rate hike.
Other:
1. Senior Deputy Governor of Central Bank Indonesia: Central Bank Indonesia will strengthen coordination with the government and stakeholders to maintain the stability of the Indonesian rupiah. He believes the rupiah exchange rate will continue to strengthen towards its fundamental level.
2. South Korean officials reportedly met with US officials to discuss the foreign exchange market, and both sides agreed to cooperate on the issue of the weak won.
