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BBCNEWS World July 6, 2024 - Vimarsana News

BBCNEWS World July 6, 2024

in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter—percent rise puts the fed's main interest rate at between 5 and 5. 25% — the highest it's been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates te...

BBCNEWS World Business Report June 4, 2024 04:35:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:35:00

Be, that is the concern that is wherejerome powell and his focus has been on the level of prices and the worry that doesn't come down quickly enough how then will they tackle this? i’ll enough how then will they tackle this?— tackle this? i'll tell you a secret economists - tackle this? i'll tell you a secret economists don'tl tackle this? i'll tell you a - secret economists don't really understand inflation, we like pretend we do but we don't, i said in spring 202ii thought inflation might be a problem, who knows if that was a lucky guess, inflation is something only really understand onc...