Money Distilled

Why US Inflation Matters for British Investors

The threat of rising US interest rates could have a knock-on effect for assets across the board.
Kevin Warsh, chairman of the US Federal Reserve nominee for US President Donald Trump.Photographer: Graeme Sloan/Bloomberg
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

Once again today, we’ll park the British governmental drama. You can keep an eye on it throughout the day on the Bloomberg website, but for now, Prime Minister Keir Starmer is staying put.