The Kākā by Bernard Hickey
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Tuesday's Dawn Chorus: Inflation falling
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Tuesday's Dawn Chorus: Inflation falling

US inflation expectations drop sharply; British GDP more stagnant than expected; Electrolux warns of unsold stocks; Germany now wants leading global military role; Europe fears de-industrialisation
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TLDR: There were fresh signs overnight that slowing US, European and Chinese economies are sucking inflation down in a way some traders hope will mean a soft landing for the global economy.

Inflation expectations and economic growth are sliding in many countries, increasing hope that we won’t see further sharp increases in interest rates on top of the Covid-induced doom and gloom. Photo:Lynn Grieveson/TheKaka

In geo-politics, the global economy, business and markets

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The Kākā by Bernard Hickey
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The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.