ECB's Dolenc says rate hike is just enough for now to follow the baseline, had a robust set of data to make a decision
US plans to significantly cut fighter jets and warships for NATO operations in Europe, with the US to pull a third of fighter jets, according to the New York Times
Japanese PM Takaichi writes opinion piece in FT stating that pressing challenges face international community right now and key among them is the situation in the Strait of Hormuz
ECB's Dolenc says rate hike is just enough for now to follow the baseline, had a robust set of data to make a decision
Chinese investors rush to open Hong Kong bank accounts amid Beijing crackdown, according to FT
Axios reports that anticipated US-Iran MOU calls for the immediate restoration of navigation through the Strait of Hormuz with no charges on vessel passage, and Iran will commit under memorandum of understanding to not seek possession of a nuclear weapon
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Says:
- Pretty obvious inflation will be higher and growth lower, while services inflation is stubborn and hard to fight.
- Markets are quite robust, but the ECB must be vigilant.
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