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Decision ushers in a new phase in the feds battle to lower prices and follows a path carved out by central banks in countries such as australia and canada which recently announced rate hikes following a break. alpesh patel is ceo of praefinium partners here in london. there's a strange new reality here — that the sooner the fed feels it can stop raising rates, the less likely it is that it will need to cut them in the future. is this the new normal for interest rates? victoria, good to see you as well. it has been way too long. i will tell you something else, with interest rates are commonly...

Chair to powell made clear during his press conference with us inflation running still well above the bank? 2% target, and itsjob is not yet done. figs and its job is not yet done. as an one and itsjob is not yet done. sis anyone can and itsjob is not yet done. is anyone can see, not a single person wrote down a rate cut this year, not i think it is at all likely to be appropriate if you think about it. inflation has not really down, it has not so far reacted much to our existing rate hikes, and so we're going to have to keep at it. ~ .,, we're going to have to keep at it. most officials thin...

There was not a rate cut this year— there was not a rate cut this year nor— there was not a rate cut this year nor is _ there was not a rate cut this year nor is it likely to be appropriate if you think about it. inflation has not moved down _ it. inflation has not moved down and it is not reacted much to our— down and it is not reacted much to our interview existing rate hikes — to our interview existing rate hikes so _ to our interview existing rate hikes so we have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. ...

/PRNewswire/ -- VantageScore announced today that the Federal Housing Finance Agency (FHFA) has made the decision to approve VantageScore 4.0 for use by Fannie...