🚨 Kevin Warsh is officially the new Fed Chair. He takes over from Jerome Powell at a difficult moment: inflation is rising, energy prices are under pressure, and markets no longer expect rate cuts anytime soon. Warsh is known as a hawkish Fed voice, but he has also been more open to crypto than many expected. His first FOMC meeting on June 16-17 will set the tone for markets.

Was the 25bps hike by the ECB a mistake or not - would appreciate your feedback?

ECB President Lagarde calls policy decision a good decision

ECB President Lagarde flags broadening inflation trends and vows extreme vigilance

BREAKING: ECB HIKES RATES BY 25 BPS This morning, the European Central Bank became the first major central bank to hike rates in response to the energy-driven inflation spike Generally, rate hikes aren't capable of containing cost-push inflation from commodity supply shocks

The IMF lowers its euro area GDP forecast and urges tighter policy—implicit message: more discipline against inflation. Markets have already priced in a tightening scenario. #IMF #MonetaryPolicy #Inflation

The ECB is likely to raise interest rates today—markets are pricing in the hike. For Deutsche Bank, this could support margins and earnings; however, the optimism smells more like a short-term boost than sustainable recovery: interest rates help, but they don’t fix structural problems. #DeutscheBank #Banks #InterestRates

Japan’s top government spokesman says Ueda’s temporary hospitalization should not disrupt the BOJ’s policymaking or government coordination.

Prime Minister Meloni asserted that addressing low birth rates is an urgent priority for sustaining the welfare state. The government is committed to strengthening support for working mothers and promoting a better balance between child-rearing and career development. Specific measures already implemented include expanding parental leave, improving childcare infrastructure, and introducing reductions in social insurance premiums. However, the Prime Minister emphasized that financial incentives alone cannot provide a fundamental solution. True freedom, she argued, means women are not forced to choose between having children and pursuing a career; achieving this requires not only institutional reforms but also a broader societal shift in attitudes. This statement underscores the need to consider not just economic support, but also changes in work environments and societal values when tackling low birth rates. Future policy developments and changes in birth rate statistics warrant close attention.