Consumers expect inflation to slow down, a big win for the Fed

MORNING SQUAWK APAC Tuesday, 09 August 2022 Consumers expect inflation to slow down, a big win for the Fed The consumer outlook for inflation tumbled in July amid a sharp drop in gas prices and a belief that the surges in food and housing also would ebb. » Read more Asia-Pacific markets little changed in early trade; SoftBank shares fall 4% SoftBank's Vision Fund reported a 2.93 trillion Japanese yen ($21.68 billion) loss for the June quarter on Monday after the market close. » Read more Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit SoftBank said it sold its remaining stake Uber as the Japanese conglomerate looks to raise cash amid mounting losses at its investment unit. » Read more Food prices fell sharply in July — but the respite may not last Global food prices slid in July, but there are doubts over whether the good news will last as, among other things, the Russia-Ukraine grain deal appears shaky. » Read more Morningstar's top U.S. strategist sees headwinds fading — says these stocks are oversold Market headwinds could soon start turning into tailwinds, Morningstar's David Sekera says. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:45 Simon Powell Global head of thematic research / Jefferies Gen Z: Global purchasing power and influence 11:30 Miftah Ismail Finance Minister of Pakistan Pakistan economy 12:00 Anthony Scaramucci Founder / Skybridge Capital Crypto Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632