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Would've gone away with this. i wanna talk about the economy. this week think about what we got, the fed came out with an announcement they are raising interest rates, why? because inflation is remaining really high, at the beginning it's the war, the pandemic, prices are so high, -- the scariest thing is that jay powell gave us that hint, get ready, unemployment may go up. i turn to you first, ron, how concerned should we be, life is getting more expensive? >> i think inflation has peaked, i'm in the camp that things that in the next couple of months we will see inflation fall, extremely hard...

Tried to follow the rules, don't make a right turn on a red, what was he doing? >> if he wasn't president, he would've gone away with this. i wanna talk about the economy. this week think about what we got, the fed came out with an announcement they are raising interest rates, why? because inflation is remaining really high, at the beginning it's the war, the pandemic, prices are so high, -- the scariest thing is that jay powell gave us that hint, get ready, unemployment may go up. i turn to you first, ron, how concerned should we be, life is getting more expensive? >> i think inflation has pe...

Government sources said that finance ministry officials recently held a meeting with leading edible oil associations. With Indonesia lifting its ban on palm oil exports, international edible oil prices are cooling off.

Should i say, in 2020, we did see inflation fall, not rise. so it wasn't obvious how much we were going to see an increase in inflation, ultimately. 0f increase in inflation, ultimately. of course, one thing that has happened is the energy shock has been pretty sizeable and it is difficult to forecast energy shocks. the name given its it away, it is a shock, they are not easily predictable. and that is one reason why it has been very difficult. ., ~ , ., reason why it has been very difficult. ., ~' , ., , difficult. thank you. it is aood difficult. thank you. it is good to _ difficult. thank y...

He also noted that this is due to statistical reasons like the base effect, which has led to higher inflation especially in Q3.