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开场白：

Good morning, friends! Today is Tuesday, July 25th, 2023.

Thank you for tuning in again. As always, if you like the program, please share and comment, which will let more people know about the program. For those who need the full transcript, please follow me on my GZH. The QR code is in the show notes.

摘要：

• Japan's inflation may have peaked, no imminent change seen to BOJ policy (Reuters, July 21)
• The Inflation Conundrum: What To Expect From U.S. CPI For The Remainder Of 2023 (Forbes, July 22)
• U.K. Inflation Rate Slows to 7.9%, as Price Pressures Ease (NYT, July 19th)
• Inflation has fallen, so why hasn't the Bank of Canada backed off rate hikes? (Toronto Sun, July 23)
• ECB to raise rates by 25 basis points in July, slim majority say September too, Reuters poll shows (Reuters, July 21)