Softer Inflation, Good For Markets, Bad For USD
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
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US headline inflation came in at 8.5% which was lower than expected. Markets rallied while US dollar depreciated. We ask Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank if peak inflation has been reached and how will the Fed react at September's FOMC meeting.
Produced by: Michael Gong
Presented by: Wong Shou Ning
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Tags: us headline inflation, dollar weakening, semiconductor sector,