Inflation will be announced in the US on Wednesday. Inflation fell to 5 and is not expected to change. The Fed now gives positive real interest rates. I expect inflation to decline rapidly due to the base effect as of July data. Expectations for rate cuts will start to increase in September.

The ECB Governing Council warned in a statement that the inflation outlook remains "too high for too long", adding that underlying price pressures remain unclear. Policymakers also said that the ECB will refrain from committing specifically to a new increase at its next meeting in June, saying that any future interest rate movements will be based solely on the impact of upcoming economic and financial developments on inflation expectations. "The Governing Council will continue to take a data-driven approach to determine the appropriate level and duration of restriction," the ECB said. said.

The US Federal Reserve (#Fed) increased the interest rate by 25 basis points. #Powell: #Banking sector conditions have generally improved. We are determined to reduce #inflation to 2% again. We continue to focus on #price stability and maximum employment. We will take a data-driven approach. #Inflationary pressures continue to be high. We have a long way to go before #inflation returns to 2%. #Powell: If more rate hikes are needed, we're prepared to do more. We will get the answer whether the #interest rate hikes have stopped at the June meeting. #Fed experts' forecasts are independent of Fed policy makers' forecasts. The estimations of the #experts in this meeting were generally similar to the March meeting. #Powell: My predictions include no recession, moderate growth. Consolidation in the #banking sector has been going on for a while. We do not have an agenda for further bank consolidation. #Financial stability and monetary policy tools work well together.