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Bank of England Governor Bailey: Money supply does not reflect inflationary pressures.

Bank of England Governor Bailey: Food price inflation today is surprisingly mild.

Samsung union leader apologizes for causing public concern.

Bank of England Governor Bailey: I don’t think inflation expectations have gone off track.

US President Trump: There is a lot of anger in Iran today because the standard of living is very poor.

US President Trump: I'm giving Iran another chance.

US President Trump: (Regarding Iran) I'm not in a hurry.

On May 20th, Iranian Parliament Speaker Mohammad Ghalibaf stated in an audio address to the Iranian people that the Iranian government has taken note of the recent price increases of some basic commodities and the rising cost of living. Ghalibaf said that the Iranian people have been facing pressure from the United States and Israel for the past 80 days, while also experiencing economic difficulties in their daily lives. He stated that rising prices of some basic commodities, increased cost of living, decreased purchasing power, and reduced employment opportunities are becoming current problems for the people. He noted that he has observed price increases for some food items, including rice, chicken, eggs, and meat. Ghalibaf stated that one of the misjudgments by Iran's "enemies" is the belief that economic pressure will weaken social cohesion. However, he emphasized that the Iranian people remain united and continue to "stand on the front lines against the enemy." Ghalibaf also stated that relevant Iranian institutions and officials should dedicate themselves to their service work with the same spirit and determination to address the people's livelihood issues.

According to Hong Kong Stock Exchange documents, Lingong Heavy Machinery Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

Samsung union: A vote on the provisional salary agreement will be held from May 23 to 28.

Bank of England Governor Bailey: Governments should remember that the costs of large-scale fiscal measures will ultimately come back to them.

Bank of England Governor Bailey: The futures curve is relatively flat.

Iranian Parliament Speaker Ghalibaf: The United States still harbors hope for the surrender of the Iranian nation and mistakenly believes that it can force Iran to meet its excessive demands on the diplomatic front by continuing the blockade, economic pressure, while increasing military pressure and launching a new round of attacks.

Micron Technology (MU.O): The shortage of high-bandwidth memory (HBM), dynamic random access memory (DRAM), and flash memory (NAND) is expected to continue beyond the 2026 calendar year.

Micron Technology (MU.O): The financial outlook has improved significantly since the last earnings call, and we expect to achieve another substantial record of free cash flow in the third quarter of fiscal year 2023.

Iranian Parliament Speaker Ghalibaf: The chaotic state of public opinion and the economy in the United States is making US President Trump hesitant.

Iranian Parliament Speaker Qalibaf: Gasoline prices, the bond market, bank interest rates, and inflation, which affects the main cost of living for Americans, have sparked protests in the United States. Even many of Trump's supporters believe that the US war against Iran is a war against Israel, which violates Trump's campaign promises.

Iranian Parliament Speaker Ghalibaf: Iran and the United States are engaged in a "battle of wills".

Bank of England Governor Bailey: The elimination of expectations for interest rate cuts has led to policy tightening.