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While EVERYONE'S Distracted by Trump and Elon, the ECB Just SHOCKED the World
Description
Eight times now. The ECB is trying to say it might be one now, yet no one is listening least of all the economy. What everyone really wants to know is, when is the Fed going to follow along? In addition to all these other central banks acting, the latest reports from the Fed itself show that rejoining the global rate race might be a lot closer than everyone thinks.
Eurodollar University's Money & Macro Analysis
ECB Press Conference Statement
https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250605~f00a36ef2b.en.html
Bloomberg US Initial Jobless Claims Rise to Highest Level Since October
https://www.bloomberg.com/news/articles/2025-06-05/us-initial-jobless-claims-rise-to-highest-level-since-october
Fed Beige Book May 2025
https://www.federalreserve.gov/monetarypolicy/files/BeigeBook_20250604.pdf
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU