Wall Street jitters plus China's tourism bounces above pandemic levels. Popstar Ed Sheeran, in Auckland. Kia ora and welcome to Friday's dose of Morning Brew and a summary of the top political and business stories from around the world. First, the European Central Bank has hiked interest rates again, taking its benchmark rate up by 25 basis points to 3.25%, the highest level since late 2008. The ECB Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

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