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ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
ECB Hikes Rates For First Time Since 2023 (As Expected); Cuts Growth, Hikes Inflation Outlook
As fully expected, The ECB hiked its key rate by 25bps (for the first time since 2023) as the policymakers battle with the dilemma of economic weakness combined with rising inflation.
Obviously, raising rates to dampen inflation could further slow the economy, while easing rates to support growth increases the risk that higher inflation becomes persistent.
Clearly, Lagarde et al went with the former with its well-jawboned baseline having long been a hike in June with risks skewed toward...
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Feb 22, 2026 / Tyler Durden
Jim Snow 2.0: Mamdani Requires Snow-Shovel Volunteers Show Two Forms Of ID, Social Security Card
Jim Snow 2.0: Mamdani Requires Snow-Shovel Volunteers Show Two Forms Of ID, Social Security Card
With 2-3 feet of snow predicted to hit New York City and New Jersey, NYC Mayor Zohran Mamdani has called on New York residents to volunteer as emergency snow shovelers.
"You too can become an emergency snow shoveler. Just show up at your local sanitation garage between 8am and 1pm tomorrow with your paperwork," he said during a Saturday press conference before the city's first blizzard warning in nine years.
🚨 NEW: Zohran Mamdani Calls on New Yorkers to Shovel...
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Aug 15, 2026 / Tyler Durden
How Much Money Should You Convert To A Roth Each Year?
How Much Money Should You Convert To A Roth Each Year?
Authored by Javier Simon via The Epoch Times,
A Roth conversion allows you to turn funds in a traditional IRA into a Roth IRA. As a result, you get to enjoy qualified tax-free withdrawals in retirement. And you avoid the required minimum distributions (RMDs) that may trigger major tax consequences for retirees.
Roth conversions can deliver major tax benefits, but knowing how much to convert is crucial. Jack_the_sparow/shutterstock
However, a Roth conversion can also set off surprise tax bombs if you convert...
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Jul 31, 2026 / Tyler Durden
Berlin Mayor Calls For Islamic Lessons In State Schools Following Latest Terror Attack
Berlin Mayor Calls For Islamic Lessons In State Schools Following Latest Terror Attack
Via Remix News,
Berlin Mayor Kai Wegner has called for Islamic religious education to be introduced in state schools following the deadly Islamist attack near the capital’s Christopher Street Day celebrations.
The CDU politician argued that young Muslims are being radicalized through religious networks operating beyond meaningful state oversight, including what he described as “backyard mosques.”
As reported by Tagesspiegel, Wegner said Islamic instruction inside public schools could help protect young people from extremist influences because the curriculum and teachers would...
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