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One more day in the "office" and it begins for me with the news that the ECB is not going to raise interest rates. what? Inflation rises to 8.7% and we do not take measures. In Spain there is a saying for these situations: "hold my beer" (a phrase that is usually heard in bar before starting a fight).

The main idea of ​​the strategy is for inflation to subside by itself and keep interest rates low so as not to cause a recession. If not, in September make a harder climb.

With a barrel of oil and raw materials at these prices, it is most likely that inflation will not decrease and the decision in September will be to raise interest rates by 1 point. If you live in Europe prepare for a recession (hope for the best and prepare for the worst). The gas supply cut from Russia may be a determining factor in the direction of the European economy.

In the US today we have the CPI report and it is expected to remain at 8.3% per year, which would be understood by the FED as an improvement and could lead them to make the decision not to raise interest rates any more.

In the crypto market, the Ethereum 2 test on the Ropsten network has been successfully confirmed, Bitcoin remains just below $30,000 and doubts about promising projects that can become the next fraud.

I'll be watching the news of the CPI in the USA whiIe i'm cooking the lunch 😉

*Actualización*

CPI rises to 8.6%

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Do not forget to follow all my advice if you want to lose your wife because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"