Softer Inflation, Good For Markets, Bad For USD
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
11-Aug-22 07:00
![Softer Inflation, Good For Markets, Bad For USD](https://bfmcms.s3.ap-southeast-1.amazonaws.com/websiteimages/market-watch/2022-08-11_us-headline-inflation-international-market-performance/og_59603492-ce2b-408b-affa-8a4ad4266c34.png)
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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,