In his keynote address, Federal Reserve Chairman Walsh emphasized that curbing inflation is the central bank's top priority. Eurozone policymakers issued an inflation risk warning on the sidelines of the meeting, and some officials hinted that interest rate hikes were necessary in September. Bank of England Governor Bailey said that there is no urgency to raise interest rates yet, saying that the effects of the second round of inflation are moderate and the labor market is weakening, so we can wait and see the situation for a while.

In his keynote address, Federal Reserve Chairman Walsh emphasized that curbing inflation is the central bank's top priority. Eurozone policymakers issued an inflation risk warning on the sidelines of the meeting, and some officials hinted that interest rate hikes were necessary in September. Bank of England Governor Bailey said that there is no urgency to raise interest rates yet, saying that the effects of the second round of inflation are moderate and the labor market is weakening, so we can wait and see the situation for a while.