How the ECB Rate Hike Reshapes Global Inflation Bets

This week, the European Central Bank raised interest rates for the first time since 2023, a direct response to surging energy costs tied to the Iran conflict. Lucas and Luna break down what this means for the global inflation picture—especially for U.S. import prices and the Federal Reserve's next move. They drill into the May CPI print of 4.2% and the surprise jump in wholesale prices, connecting the dots between European monetary policy and your grocery bill. Specific numbers: ECB's new deposit rate, the 1.1% PPI surge, and how the yield curve's slow un-inversion changes the bond market calculus. Plus, a look at whether the Fed can hold its current rate path as the global rate cycle diverges. #ECB #RateHike #Inflation #GlobalEconomy #IranConflict #EnergyPrices #CPI #PPI #WholesalePrices #FederalReserve #MonetaryPolicy #YieldCurve #BondMarket #Economics #Europe #USInflation #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo