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      ECB’s Schnabel: ECB should raise rates in June, even if Iran peace deal is struck
      Submitted May 26, 2026      |From reuters.com

      The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the ​conflict has been far longer than projected and high energy prices are spilling into the broader economy, board member Isabel Schnabel said. The European Central Bank has kept rates on hold for the past year, but it debated a hike last month as sharply higher energy costs pushed inflation well above its 2% target, and numerous policymakers have signalled a need for action. "Given the size and the persistence of the current shock, looking through is no longer an option in my view," Schnabel told Reuters ​in an interview. "From today's perspective, I think a rate hike in June will be needed." While the U.S. has signalled progress in peace talks with Iran, ​Schnabel, a potential successor to ECB President Christine Lagarde next year, said the ECB may be past a point of ⁠no return because energy infrastructure has been damaged and high energy prices are feeding through to the broader economy. Schnabel warns that inflation pressures are beginning to spill over beyond energy into broader consumer goods.

      Pope sends harsh warning to crypto investors
      Submitted May 25, 2026      |From thestreet.com

      Pope Leo XIV has used his first encyclical to deliver a stinging critique of modern finance, and cryptocurrencies are squarely in his line of fire. Released on 15 May 2026, the document positions crypto-driven financial innovation as part of a wider ...

      Silver Bulls Eye Breakout as Coil Tightens
      Submitted May 25, 2026      |From forex.com

      Silver finds itself pulling back towards a support zone comprising former resistance at $77 and the uptrend dating back to the lows struck on May 20 on the H4 timeframe, creating a potentially interesting entry point for longs considering the ...

      The Invisible Metal Behind AI Infrastructure
      Submitted May 25, 2026      |From investinghaven.com

      Artificial intelligence has ignited a massive global race for computing power, but the ultimate bottleneck to this technological revolution may not come from advanced silicon chips. Instead, it may come from a far more traditional commodity: copper. ...