The budget is full of good news, but good news isn’t the same as good management 
Why central banks are too powerful and have created our inflation crisis 
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
Bank of England interest rate rise: why this could be the last increase for a while 
Interest rates: Monetary policy is always political as central banks opt to back the financial sector 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Upcoming:
- Germany: HICP inflation readings for April will be released at 6:00 GMT, along with first quarter flash GDP report.
- Japan: Machine tools orders report will be released at 6:00 GMT.
- France: First quarter non-farm payroll report will be released in the first quarter.
- Spain: Flash HICP inflation report will be released at 7:00 GMT.
- Eurozone: Industrial production report for March will be released at 9:00 GMT.
- United States: Retail sales report for April will be released at 12:30 GMT. Consumer price inflation report will also be released at 12:30 GMT. Flash Michigan consumer sentiment report will be released at 14:00 GMT.
