M2 never decreased as such high speed before. And agree, the reality of this has not to any extend been seen yet.

German economy loses momentum in June as businesses face deteriorating demand conditions

Surem you need to stop listening to ECB and FED. When did they get it right last time? And for the record, yes I did go through the last 100 years in search for comparable situations. How many years back did the "economics for beginnes" thay you and ...

German economy loses momentum in June as businesses face deteriorating demand conditions

Look at the rates after these nubers ((:

German economy loses momentum in June as businesses face deteriorating demand conditions

Inflation is broken my dear. But dont expect it to show in the numbers as a flash light. It takes time but the trend is very clear. And its going quicker and quicker. Coming out of Covid there were big savings in many households to keep spending up. ...

German economy loses momentum in June as businesses face deteriorating demand conditions

Nah cause ECB dont have the slightest clue what is going on. So they will keep hiking.

German economy loses momentum in June as businesses face deteriorating demand conditions

I would say the largest uncertainty is how much FED/ECB will destroy before they realize they got it wrong again.

Fed's Powell: A lot of uncertainty over the lags from monetary policy

JP is clueless. He doesnt have the slightest idea of what is going on.

Fed’s Powell: It May Make Sense to Move Rates Higher, at More Moderate Pace

Thats one country where its not under control. For sure

Consumer price inflation, UK: May 2023

Agreed. It wasnt even mentioned in FF. But that was a significant number IMHO. People in here dont seem to have the slightest clue of what inflation is and how it works. People seem to think that when inflation slows prices will drop. But thats not ...

ECB's Rehn: Underlying inflation is easing only gradually

Toilet paper is toilet paper.

Move to boost Yuan globalization

Confirms the trend. No need for more hikes.

Producer prices in May 2023: +1.0% on May 2022

Phew, then I can finally start to make money again. About time!

IC Markets launches series 3 of IC Your Trade podcast

Then why another hike? They are obviously without clues as to what is happening. They have all the data available? and it doesnt take a Central Banker to figure it out.

ECB's Lane: another hike in Jul seems appropriate and then we will see in Sept; inflation will...

which numbers did I miss today? Agree that there should not be further hikes. Economy is struggling and it will just get worse until next meeting.

ECB to raise rates further even as economy stutters

I dont buy into that one. People dont get mere money tomorrow than today because of a pause. And assets already priced it in

Is inflation about to fall off a cliff?

Sure we can allcread that but how did it go. Did the saudis have success getting the oil back up ti 120? I am not saying this cant happen but its not my base scenario. I think odds are that OPEC+ will implode before oil goes significantly up again.

Is inflation about to fall off a cliff?

But thats a misunderstanding. What do you need to bring prices back to prior levels? correct. A lower inflation does not mean lower prices. It means that prices are still increasing but at a lower speed.

Is inflation about to fall off a cliff?

Simple answer is yes. We will see economy tighten in a manner that we have not experienced before. Look around, 4 ,onths ago I could not get a carpenter. Now they are calling me asking if I have a work that need be done. Economy has come to a full ...

Is inflation about to fall off a cliff?

OK so we are looking into another 10-15 hikes in this hiking-cycle? Gotta respect that things take time. Be patient and let it unfold. The trend is clear so why hike the ass out of it.

Consumer Price Index- May 2023

Is that era really ending? true we might not see negative rates again but I am confident rates will go significant down from current levels

As Era of Low Rates Ends, New Challenges Emerge