Bank of England MPC member Taylor said in his view holding rates unchanged at this level is the correct and appropriate policy response.

Iran President Pezeshkian said the effectiveness of U.S.-Iran negotiations depends on full commitment to and concrete implementation of agreed obligations and will be measured by actual compliance; remarks outside the agreement text do not help advance talks. The U.S. and Iran held a first round of talks in Switzerland and agreed to seek a final deal within 60 days. On June 22, after the round, U.S. President Trump at the White House warned he would act if Iran fails to comply.

Rainfall and upstream inflows pushed inflow to Zhelin Reservoir (midstream Xiuhé, Poyang Lake system, Jiujiang, Jiangxi) to 5,830 m3/s at 14:00 on June 23. Under major-river flood numbering rules the event is designated Xiuhé 2026 No.1 flood. The Ministry of Water Resources held a special meeting, kept Jiangxi’s flood-response at Level IV and issued province-specific action lists, directing reservoir safety measures and defenses for small rivers, mountain torrents and urban waterlogging. The Yangtze River Water Resources Commission also maintained a Level IV response, ordered strengthened emergency duty, flood assessment and guidance for Xiuhé flood control.