BBCNEWS World Business Report March 22, 2022 05:37:00
Interest rates too low for too long and now it is being forced to play catch up to rain at all and. usually interest rate hikes happen in percentage point increases. cuts happen fast increases to the borrowing rate, at least in the last decade or so, has been a slow and measured process. but with inflation rising as fast as it is there is pressure on mr powell and his colleagues to get a handle on it which is why the fed share is warning that everyone if deemed necessary to raise rates more quickly by half a percentage point, it will. craig erlam is senior market analyst at oanda. good morning...
Source: archive.org
