as of yet were not sure. they didn t just help joe biden there was another purpose. these fake numbers also gave th federal reserve justification t continue raising interest rates. the basis of that report, they can raise rates. to date, they raise the policy interest rate by more than a half percentage point freight we continue to anticipate that ongoing increases will be appropriate i order to obtain stance of monetary policy sufficiently restricted to return inflation to 2 percent over time despite the slow down the market restrains with the unemployment rate near a 50 year low, job vacancies are still very high and wage growth is elevated. job gains have been robust. every word of that, like a month that justification is a lie, there are 7 million
airlines are trying to tackle this issue, especially with the holidays on the horizon. we know staffing issues have created a lot of delays. pete muntean, thank you. also the top of the hour, i m bianna golodryga, victor is off today. the federal reserve is racing interest rates. fed chair jerome powell spokes just moments ago on the historic decision. raised our policy interest rate by 75 basis points. we continue to anticipate ongoing increases will be appropriate. so we still have some ways to go. incoming data since our last meeting suggests that the ultimate level of interest rates will be higher than previously expected. cnn s matt egan and rahel
No doubt remains as to whether the Bank of Thailand will raise interest rates. The bank's governor has made it clear they must be raised to deter rising inflation, and that this must be done in a timely manner. Analysts have taken his speech as indicating a 25bp hike will be introduced at the upcoming Monetary Policy Committee (MPC) meeting scheduled for Aug 10.
azeem rafiq. a reminder that the us federal reserve has just announced a reminder that the us federal reserve hasjust announced its raising its rates 5.75%. by .75. listen to the man who taken the decision. ., ., listen to the man who taken the decision. ., ,, , , decision. the market is extremely ti . ht and decision. the market is extremely tight and inflation decision. the market is extremely tight and inflation is decision. the market is extremely tight and inflation is much - decision. the market is extremely tight and inflation is much too - tight and inflation is much too high. against this backdrop, today the federal open market committee raised its policy interest rate by three quarters of a percentage point, and anticipates that ongoing increases in the rate will be appropriate. in addition, we are continuing the process of significantly reducing the size of our balances. i ll have more to say after briefly reviewing economic developments. 0verall, economic