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July 7, 2024
in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter—percent rise puts the feds main interest rate at between 5 and 5. 25% — the highest its been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get t...
May 4, 2023
Be, that is the concern that is wherejerome powell and his focus has been on the level of prices and the worry that doesnt come down quickly enough how then will they tackle this? i’ll enough how then will they tackle this?— tackle this? ill tell you a secret economists - tackle this? ill tell you a secret economists dontl tackle this? ill tell you a - secret economists dont really understand inflation, we like pretend we do but we dont, i said in spring 202ii thought inflation might be a pr...