🚨 Global central banks are losing the inflation fight.

46 of 68 major central banks are missing their targets. Inflation remains sticky, yet rate cuts are back on the table.

🇪🇺 ECB: 98% odds of a cut. 🇯🇵 BOJ: 83% odds of a hike. 🇺🇸 New Fed Chair Kevin Warsh faces his first FOMC test on June 17.

One wrong move: 📈 10Y Treasury yields race toward 6% 📉 S&P 500 risks a sharp pullback

The era of easy monetary credibility is over. Markets are about to find out who blinks first. 🔥📊 #Macro #Fed #Inflation #Markets