Government Trust Erodes Amid COVID Uncertainty

IMF deputy managing director says the Federal Reserve shouldn’t declare victory against inflation just yet, inflation in Europe is falling, and the World Health Organization has accused China of undercounting Covid deaths. 

Mentioned in this podcast:

Fed wants ‘more evidence’ of easing inflation and backs fresh rate rises

US inflation has not ‘turned the corner yet’, top IMF official warns

Falling French inflation sparks hope of end to Europe’s price surge

China has under-represented its number of Covid deaths, says WHO

Chinese celebrities’ Covid deaths subvert propaganda push to minimise outbreak

London’s post-lockdown recovery in offices and hotels trailed European rivals  

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by 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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