Obviously. But we need higher rates for longer. Dont we (:

Gross domestic product: detailed economic performance results for the 1st quarter of 2023

What a surprise. Will the manufacturing spill over to service or the other way around?

ifo Business Climate Index falls

Completely agree re inflation. But this also means that 50% of Twitter was wrong. I am not in the boat of ppl just blaming Powell for not seeing the inflation. I think the problem is much deeper than this. Problem as I see it is that central banks ...

Consumer price inflation, UK: April 2023

Let them cooperate. We cant control it anyway. But what can be done is to incouraging our multinationals to leave China. Just dont buy "made in China".

Russia, China set to ink bilateral pacts despite Western criticism

But we need higher rates for longer according to central bankers. Just like they did it wrong when it started they are wrong this time around as well. But time will tell.

German economy continued to grow in May despite shrinking industry

Indeed a very low number out today

German economy continued to grow in May despite shrinking industry

I am scared, what are these folks capable of doing.

ECB Not Done Raising Rates, Should Keep Them High, De Cos Says

People need 2 jobs to pay bills now.

The Employment Situation -- April 2023

Storm incomung

ADP: Private Sector Employment Increased by 145,000 Jobs in March; Annual Pay was Up 6.9%

Up or down?

Holzmann: If ECB slows hikes to 25 bps, it's hard to go back

Just close this shitty bank. Its been creating problems for the financial sector for as long as I can remember.

ECB's Nagel When Asked On Deutsche Bank Share Slide: Will Not Comment

14 days ago baseline was multiple hikes. It changes quickly. I will take a stake on EUR going up from here.

Fed's Powell: Rate Cuts This Year Are Not Our Baseline Expectation

just need to clear the path here at these levels

Federal Reserve issues FOMC statement

I hear a pivot in the sense that if markets handles it there will be no further hikes

Fed's Powell: Will make meeting- by-meeting decisions based on totality of data

I need to go bad before it can be better. Problem is that as soon as something is breaking FED rushes to help with more QE.

US Fed mulls more rate hikes amid banking uncertainty

If banks paid a decent interest on deposits there would be no problem. Problems is that banks are milkin the cow. Without doubt banks are the single industry that makes most of out nothing.

Authorities Are Key to Easing Liquidity Pressure on European Banks

Do we get interest also?

US studies ways to guarantee all bank deposits if crisis grows

Nice and consistent storyy telling from the ECB today ((:

ECB’s Stournaras: Close to End of Tightening Cycle - Rate Hikes Are Mostly a Story of the...

Thats right, the supply side is milking the cow.

ECB's Centeno: A number of factors point to an increase in inflationary pressures

Lower prices want do the job if funding dries up or cost 10% in interest.

ECB's Visco: The euro zone needs to quickly implement a deposit protection tool, like the one...