Summary of Key Points from Speeches by Several Central Bank Governors Worldwide on July 1

Refused to provide any forward guidance on future interest rate policy. The labor market was described as "remaining stable," noting robust economic demand and strong performance on the supply side.2. European Central Bank (host) President Lagarde said that compared to a few weeks ago, the risks facing current (Eurozone) inflation and economic growth may have become more balanced.3. Bank of England Governor Bailey believes the UK economy is weakening. His decision last month to keep interest rates unchanged at 3.75% was based on evidence of this weakness, but he ruled out the possibility of an imminent rate cut.4. Bank of Canada Governor Tiff Macklem stated that with an interest rate level of 2.25%, the Canadian economy is in a comfortable state, and noted current economic performance is relatively weak.