IMF financial counsellor Adrian said upward earnings surprises are not characteristic of a bubble.

美國民主黨參議員沃倫：美國聯邦住房金融局局長普爾特不可信，應該被免職。

Former Bank of Japan executive Kenzo Yamamoto said the next BOJ rate increase is likely to occur before December, sooner than the December move most economists expect. He pointed to a BOJ measure of potential inflation excluding fresh food and state aid that has averaged about 3% over the past four years, above the 2% target. By contrast, Japan’s core CPI excluding only fresh food was 1.4% in May, a level Yamamoto attributed largely to Prime Minister Sanae Takaichi’s cost-of-living relief measures; the BOJ says price trends remain slightly below 2%. Yamamoto added he would be concerned if the BOJ treated the potential-inflation measure as unreflective of price trends and said policy should shift toward reining in inflation.