BBCNEWS Asia Business Report June 4, 2024 00:32:00
That is the ultimate question at the fomc and all the central banks around about asking themselves, has it peaked? a lot of the inflation decreases have come about because supply chain to become restored around the world and consumers are able to get the kind of stuff they want to buy but one of the things defence is concerned with, even though the headlines numbers are down to 3%, way down from nine, the core rate of inflation, excluding the bulk of it energy component is still pretty high, nowhere near the 2% target. we have a good downpayment but i think we have yet to see convincing eviden...