Just this week (or last week) Legarde claimed that recession is not their base case. Wonder what the base case is then?

No recession and no cuts. Just like there was no hikes right until they hiked the sh... out of it.

Thats a wrong understanding of lower inflation. Lower inflation means that prices are growing but at a slower (normal) pace. So prices as they were are gone but it has stabilized.

Here we go. First to talk about cuts while Lagarde is still talking higher for longer. freak show ((:

Thats an issue that ECB will face as long as it exists.

There is no way ECB will stay higher for longer. Our economy is down the drain and its clear to everybody. EU is finanzed with variable debt and therefore the hikes hit much harder here than in the US. So consumers are suffering and obviously that ...

Just yesterday FED hiked again and todays story is that DOTs show rates to remain at this level through 26 at least. How will the numbers look in 26? Yes, you got it ((:

I am stopped out of DAX= triple unbelivable

Damange done already.

Its not the .25% but the 10 times hikes. At some point EU will eventually reach a point where people and businesses cannot pay their bills. The irony is that it will not give us cheaper gasoline at the pump. We are already in recessionary territory ...

I am all in favor for a green revolution. But as long as we are oil-driven we might as well pump it ourselves instead of being dependent on the Saudis. To the pumps....

As Iread this its driven a lot from oil. Not necessarily strong demand but weak supply. What will another 25 hike do? Slow down economy. Sure. What will the saudis do (until us election). Cut another million of barrels. Its becomung circular.

Youvthink the move up in oil is driven by strong demand or less supply?

Do I care about EU Horizon? Well, in the context of the problems UK are facing, No I dont. So rest your case.

For sure, benefits were lined up by the Brexits before the vote. Its been pretty quiet since hasnt it? Oh sure, those of the Brexits that had anything that could be moved before the vote sure did it. To where? EU ofcource. Morons.

Thank god UK left the EU. Otherwise we would have had to deal with that hole ((:

Never trust a central banker. Obviously we shouldnt rule out another couple of hikes based on incompentency. Numbers are already awful and people will soon be losing jobs and homes. Imagine what another couple of hikes will do to the economy. They ...

True ((:

ECB still talking about raising. They will completely destroyer the economy. The higher they go now the lower they will need to go to fix it. All numbers out of EU are poor and recessionary and if it wasnt for inflation they would be jumpstarting ...

Goddamnit