Last month the European Central Bank confirmed it would raise interest rates 25 basis points at its next policy meeting. Well, that meeting is this Thursday. We explore what the ECB's first rate hike in over a decade may or may not do to fight inflation.

Also on today's show: This is a huge week for Netflix, which will report its second-quarter earnings tomorrow. It's shaping up to be one of the most consequential moments in the 25-year history of the company. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices