dimitri zabelin there, speaking to us a short while back.ttest ipos will begin trading later today. uk chip designer arm has priced its initial public arm has already signed up many of its major clients as cornerstone investors like apple, nvidia, alphabet and samsung electronics. arm priced its ipo at $51 per share, which will begin trading on the nasdaq later today. the bbc�*s erin delmore has more from new york. if you have a smartphone, there's a 99% chance it's powered by a chip designed from the softbank—owned company arm. shares in the company are expected to begin trading thursday in the year's biggest ipo, which could raise up to $5 billion, taking the company's market value up to more than $50 billion. this is the first time in seven years that the company is selling shares to the public. last year marked the slowest yearfor american ipos in three decades, due in part to high interest rates, recession fears and geopolitical tensions. that's on the heels of a few tough years for ipos, prompting questions about why the british chip d

analyst dimitri zabelin says american consumers continue to feel squeezed by the rising cost of living. a lot of the inflation, if you look at it in the us, is really coming from shelter and housing. and particularly you mentioned the cpi numbers earlier. while the headline cpi did increase, core cpi — which excludes volatile inputs such as food and energy — is actually higher. it's at 4.3%. and that's illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. the federal reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see? exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so—called quantitative tightening, and that could push yields up and increase borrowing costs which, in essence, has similar effects to raising interest rates. as far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, n

analyst dimitri zabelin says american consumers continue to feel squeezed by the rising cost of living

analyst dimitri zabelin says american consumers continue to feel squeezed by the rising cost of livinger and housing. and particularly you mentioned the cpi numbers earlier. while the headline cpi did increase, core cpi —

analyst dimitri zabelin says american consumers continue to feel squeezed by the rising cost of livingousing.