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Also in today’s newsletter, Hong Kong passes tough new security law and Adani Green ‘aware’ of US anti-graft probe into third party
The concern stems from price rises in services remaining too high in some places
Economists forecast inflation easing from multi-decade highs without sharp rise in unemployment
Also in today’s newsletter, Nelson Peltz backs Donald Trump and Nvidia unveils its latest AI chips
Industry grappling with slowdown in sales growth and rise of cheaper models from China
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Also in this newsletter: how puppies have triggered critics of EU trade measures
Central bank becomes world’s last to unwind ultra-loose monetary policy
Brussels has long resisted pressure to levy import duties on food from Russia and Belarus
Rate setters will be watching for signs of pay growth feeding inflation
Calls for London and Brussels to relink energy markets to prevent ‘regulatory nightmare’
Also in this newsletter: shake-up at Deloitte, FT survey on US interest rates, Autonomy founder on trial
Demand, on the other hand, is not helping US housing markets
President Biden risks undermining sound economic policy and support for a key ally if he blocks the Nippon Steel deal
Lower prices for energy imports and increased exports boost Europe’s performance
US is alienating Japan and EU by mishandling its obsession with swing voters in steel states
Immigrants get the job done
Also in today’s newsletter, Putin cruises to victory, and private equity pursues consultancies
And more on the low-end consumer
Subsidies, tariffs and good intentions don’t add up to what is needed
Boost for policymakers comes as they struggle to counter slowdown in world’s second-largest economy
The bigger the challenges the UK faces in restoring its fortunes, the more timid politicians seem to become
UK central bank’s decision would chime with approach of Fed and ECB
FT-Chicago Booth poll suggests bank will make two or fewer cuts this year, with the first between July and September
Interest rate updates and speeches are expected from Washington to Tokyo and Sydney to London
International Edition
