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Johnson Survives Leadership Vote: UK’s Next Steps

Some signs of inflation relief, Boris Johnson’s woes and hot commodities.

A bellwether of semiconductor prices, the spot rate for shipping containers and North America's fertilizer prices all suggest that some of the key supply-side factors driving global inflation levels are turning around, meaning some relief could be on the horizon. Over in Australia, the central bank raised its benchmark rate by a larger-than-expected margin to tame inflation.