BBCNEWS Asia July 2, 2024
after aggressively raising interest rates for the last year and a half, the federal reserve believes it's in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america's central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn't would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it think...