Is There an Idea of When Inflation Rates Will Level Off?

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Yield on the bench bark ten year treasury up two %. One of the regional fed presidents, and after the report came out, o missus, james bullard of the saint louis fed, called for a full one percent rate rise by July. Is there an idea of when inflation will eventually level off? No, we're not there yet. And levels of confidence around what inflation is going to do next are pretty low. But yet, it is definitely possible that the fed, and other central banks for that matter, could start really jacking up rates just as inflation actually starts to pull back. Then we've potentially got a problem where central banks are making things worse.

A court struggle in China is casting a shadow over the company’s hopes for an Arm IPO after its failed $66bn sale to Nvidia, the 10-year Treasury yield on Thursday climbed to 2 per cent for the first time since August 2019, as investors ditched government debt on the latest evidence of stubbornly high inflation, and European scientists have made a big breakthrough in the decades-long effort to generate energy from nuclear fusion.

Mentioned in this podcast:

SoftBank’s plans for Arm IPO hit by legal battle over renegade China unit

US inflation surges to 7.5% in fastest annual rise for 40 years

European scientists in ‘landmark’ nuclear fusion breakthrough

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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