Skip to Navigation Skip to Posts Skip to Content
🇪🇺 The ECB hits neutral just as inflation jumps to 3.0% and Spain's consumers pull back
The day in view

🇪🇺 The ECB hits neutral just as inflation jumps to 3.0% and Spain's consumers pull back

Macro Soup Newsroom Macro Soup Newsroom 4 min read

ECB minutes from April 30 land as the deposit rate sits at 2.0% and Eurozone headline inflation re-accelerates to 3.0% on an energy shock. Spanish retail sales fell to +0.8% year-on-year from 4.1% in March. June is now a live decision.

Portrait of Christine Lagarde smiling with arms crossed, wearing a white tweed jacket and silver necklace.
ECB President Christine Lagarde outlined three conditions for safeguarding central bank independence in a speech on May 28. Source

Read next

Featured Post The week in view

📰 Weekly Macro Roundup: 2026-05-30

3 min read
Paid Post The week in view

🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.

4 min read

Become a Member

Daily and weekly briefings on global markets, for self-directed investors who want to be informed, not doomscrolled.

Sign up now

Daily macro and markets briefings for self-directed investors. Global coverage, no doomscrolling.

© 2026 Macro Soup - Macro Soup is an independent publisher of financial news and research. The information provided in this website (the "Content") is general, impersonal, and for informational and educational purposes only. It does not constitute investment, financial, tax, or legal advice, nor a recommendation, offer, or solicitation to buy, sell, or hold any security or investment. Macro Soup has no regard for any recipient's specific investment objectives, financial situation, or needs. Investing involves substantial risks, including possible loss of principal, and past performance is not indicative of future results. You should consult your own advisors before making investment decisions and should double check all Content before you rely on it. Please review the full Disclaimer.