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global markets are eagerly waiting for the latest us inflation numbers and whether they will give any indication the rate has peaked. last week there was unexpectedly strong us jobs data which added to expectations the world's biggest economy is able to withstand a sharp interest rate rise by the federal reserve. but if inflation continues to soar it could change the likelihood of an aggressive big hike by the central bank. here's our north america business correspondent michelle fleury. after yea rs of no after years of no or at least hardly any inflation in the us, the past 12 mont...

Expect the rate to call slightly to 8.7%. if that is the case that was ignored some welcome relief for us consumers and there are signs that americans do not expect inflation to continue at these levels for long. in addition, congress is about to pass the inflation reduction act which at least for a short time should ease pressure on prices. the president has been keen to talk up the help to consumers and the new investments in green energy and healthcare will bring. £31 green energy and healthcare will bring-— will bring. of us will not see this kick _ will bring. of us will not see this k...