Stagnation of Inflation and the Balancing Act for the ECB

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This chapter explores the stagnation of inflation in August at 5.3% in the Eurozone, including Germany's weak third quarter. It also discusses the upcoming ECB meeting on September 14th and its importance in balancing concerns about inflation and a potential recession.

UBS has reported the biggest-ever quarterly profit for a bank, eurozone core inflation has edged down, and Switzerland has proposed sweeping measures to clamp down on money laundering.

Mentioned in this podcast:

UBS breaks record with $29bn profit after Credit Suisse deal

‘Deal of the century’ — How UBS’s rescue of Credit Suisse proved a boon

Eurozone core inflation edges down ahead of crunch ECB decision

Switzerland unveils money laundering clampdown

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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