ECB executive board member Schnabel says there are currently no signs of wage pressures.

The Times reports Andy Burnham will set out plans next week to devolve powers and funding from central government to English regions, including greater control for mayors and targeted funding for social housing, welfare and post-16 education. Whitehall departments will be asked to identify functions that could transfer to local government, and Burnham may propose devolving a share of tax revenues; if he remains the sole Labour leadership candidate he is expected to be formally confirmed late next month (nominations close July 16).

美國高級官員：美軍在霍爾木茲海峽地區襲擊了伊朗目標。