FT News Briefing

US inflation cools

US inflation fell sharply to 3 per cent in June, the $1.35tn US junk bond market has shrunk by almost $200bn since its all-time peak in late 2021, and tensions started to boil over during Nato’s two-day summit.  Mentioned in this podcast:<a href="https://on.ft.com/3XNYN1b" rel="noopener noreferrer" target="_blank">US inflation slows to 3% as interest rate rises bite</a><a href="https://on.ft.com/3DaQDGN" rel="noopener noreferrer" target="_blank">US junk bond market shrinks as rising rates put off borrowers</a><a href="https://on.ft.com/44t5iJC" rel="noopener noreferrer" target="_blank">‘We’re not Amazon’: tensions with Ukraine surface at Nato summit</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Katie McMurran, 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. <a href="https://www.ft.com/content/9efd6032-5cac-482e-b4aa-c0da730d0066" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.