This chapter examines the recent dip in inflation rates, marking the lowest point since March 2021, and its implications for the Federal Reserve's monetary policy. The discussion includes potential interest rate cuts and the critical role of the shelter index in shaping the overall inflation landscape.
Peace talks aimed at ending the war in Gaza start up again today, US inflation fell to 2.9 per cent in July, and Ukrainian forces are looking to hold on to newly-seized Russian territory. Plus, Germany’s chief prosecutor has issued an arrest warrant for a Ukrainian man suspected of blowing up the Nord Stream gas pipelines.
Mentioned in this podcast:
US inflation falls to 2.9% in July
Ukrainian forces seek to hold Russian positions after capturing hundreds of troops
The competing theories of the Nord Stream explosions
Germany issues arrest warrant for Ukrainian over Nord Stream gas pipeline attacks
US-Israel talks take on fresh urgency as Middle East on edge
Stonehenge rock was shifted 400 miles from Scotland, scientists find`AQ
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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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