BBCNEWS Asia July 5, 2024
investment officer at advises capital management explained. the fed has tightened policy dramatically and quickly, basically a five percentage point increase over a little more than a year. that is huge, historically it's an enormous increase and i think there is one view that the fed should wait to see the impact of what they have done stop any break may be short—lived, us inflation running above the 2% target of the fed so the pain from higher borrowing costs to companies and consumers is likely not over according to the chief economist at kpmg in the chief economist at kpmg in t...