Today's macro conversation on X featured official ECB releases and a podcast discussion on the future of the Fed.

What the Experts Are Saying

@ecb posted an ECB Blog comparing energy price spikes during the Iran war vs. Russia’s invasion of Ukraine, highlighting the role of market buffers, demand shifts, and LNG competition.

Additionally, @ecb released June data on euro-area bank lending and money supply.

@DavidBeckworth promoted a new Macro Musings episode with David Wessel, covering the Greenspan era, Euro adoption, Powell’s legacy, the outlook for a Kevin Warsh Fed, and challenges to Fed independence.

The Bottom Line

Macro chatter today centers on official ECB data releases and discussions around the Fed's direction, with relatively weak signals from other accounts in the profile.

Data based on actual posts published on X.