ECB’s Holzmann says clinging to hope that inflation spike is temporary 0 (0)

At least someone is being honest
As much as central bankers have kept up the narrative that the surge in inflation pressures is temporary or ‚transitory‘, they don’t really have the right tools to deal with the root of the problem. As such, the best they can do is to hope that to be the case.

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Bitcoin climbs back above $50,000 for the first time in a month 0 (0)

Bitcoin up over 2% on the day to above $50,000
It is the first time since 7 September that price has clipped the $50,000 mark and it’s an important psychological win for buyers in trying to maintain the recent upside momentum, after having put up a defense at its 100-day moving average (purple line).

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