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Bank of America: It expects the Federal Reserve to raise interest rates by 25 basis points each in September, October and December 2026, compared with its previous forecast that interest rates would remain unchanged this year.On June 22, Berenberg Bank analyst Holger Schmiding stated in a report that the European Central Banks deposit rate is expected to reach 3% by mid-2029 (currently at 2.25%). The institution had previously predicted this level would be reached in 2028. With the interim US-Iran agreement lowering energy costs, overall inflation in the Eurozone could fall below 2% by early 2027. This means the ECB may postpone interest rate hikes until the end of 2028. Schmiding stated that by then, Europes aging population is expected to begin causing labor supply to shrink faster than demand, thereby pushing up wages and forcing the central bank to raise interest rates.A German government spokesperson stated: "We believe that British Prime Minister Starmer will still attend the E5 meeting in Berlin; Starmer has always been a reliable and close partner."Russian reports indicate that temporary restrictions have been implemented at airports in Bugulima, Kazan, Nizhny Kamsuk, and Cheboksari.The Ukrainian military has reportedly struck a Russian space communications station in the Moscow region.