BBCNEWS Asia July 5, 2024
hovering around 2%. right now, it sits somewhere around 4%. thats certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and its why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process...
Prime Minister Whirlwind Tour Interest Rate Hikes Monica Miller Federal Reserve Asia Business Report
Source: archive.org