exit

just a stroyteller

[zerohedge @zerohedge]

DB's Mark Wall on ECB

“This is a significant moment. Not only is this the first ECB hike since 2023, it is also the first hike by one of the major global central banks in response to the energy shock. The ECB is saying that a ‘look through’ strategy is not a robust response. The question is how far can this tightening cycle go? Not far, is our answer. There is upside risk to inflation, but there is also downside risk to growth. One more hike in September and that’s it.”

[Mohamed A. El-Erian @elerianm]

As expected, the ECB hiked rates by 25 basis points—the first increase since 2023.
It would not surprise me if the ECB were to hike again this year, highlighting a world of greater dispersion among systemically important central banks.
#economy #centralbanks #ecb #markets #inflation

[Marcos Agustín @marcosagusstinn]

The ECB has finally decided to raise interest rates by 0.25%, lifting the deposit rate from 2% to 2.25%, as the Iran war pushes energy prices higher and brings inflation back above the target

Eurozone inflation has reached 3.2%, driven by a 10.9% surge in energy prices, while the economy is already under pressure after shrinking by 0.2% in Q1.

Energy is now practically responsible for the whole rebound in inflation.

This is the risk of having an economy still excessively dependent on imported fossil fuels

[Frederik Ducrozet @fwred]

🇪🇺 ECB staff projections for inflation show headline HICP back below target by Q4 2027, but core HICP above 2% throughout the forecast horizon.

[Frederik Ducrozet @fwred]

ECB's staff analysis on potential second-round effects from higher energy prices. Looks pretty straightforward to me.

[العربية @AlArabiya]

المدير التنفيذي لبرنامج الأغذية العالمي كارل سكاولـ"العربية": إغلاق مضيق هرمز يعمق الأزمات الإنسانية في الدول الأكثر فقرا.. والأوضاع مرشحة لمزيد من التدهور نتيجة ارتفاع أسعار الغذاء

[Oliver Rakau @OliverRakau]

Lagarde's lack of concern about growth, strong emphasis on inflation & no comment on "more data" makes me think that market pricing of a July hike should be higher. Talking my own book as front-loaded hikes are our baseline and depending on Strait remaining closed but still...

[unusual_whales @unusual_whales]

BREAKING: SpaceX's IPO is expected to create 4,000 new millionaires, including some cafeteria workers whose compensation packages include employee stock options, per Bloomberg.

[exit @BeExit]

@FusionptCapital From all of this, he's just trying to show off that he learned a new word and that he is an intellectual human being . "accretion"

[exit @BeExit]

@BBCWorld Indians right now: it's ok sar no big deal.
If a headline says Iran or Pakistan or other Islamic natio. All of the Indian are heros and riots against Muslims start trending freaking poop heads

[exit @BeExit]

@Shepdog69138782

[exit @BeExit]

@Shepdog69138782 Trump oval office

[exit @BeExit]

@Shepdog69138782 Ffs, 🤣🤣🤣

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

BofA: May payroll strength was boosted by the World Cup & seasonal noise. Despite that, underlying hiring looks solid.

Even adjusting for temporary boosts, payroll growth remained comfortably above breakeven, likely closer to 60-90k.

Chart from @augurinfinity

[exit @BeExit]

@Shepdog69138782 I don't think so at all 😆😆

[le.hl @0xleegenz]

Unemployed dudes with no income reading this

[The Kobeissi Letter @KobeissiLetter]

BREAKING: OpenAI has confidentially filled for an IPO.

We are about to witness the most incredible IPO run in history.

[Watcher.Guru @WatcherGuru]

JUST IN: Tom Lee's 'BitMine' buys 126,971 $ETH worth $213 million.