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Force than your kramer chief economist comments bank. Thank you very much for joining us young. And 1st of all, your reaction to this right rocks were this rate hike by 75 basis points yesterday was expected, expected bass expected by the market. And it was also clear that the central bank would not the announcer explicitly a father 75. 00 basis points increase. This is clear and that the fed said this is data dependent. And i expect the next step to be 50 basis points. Ok. And looking at the broader picture, the theory of some experts has been that we need a recession to break the fever of hi...

It only raises the cost of dealing with it later. Well, who better to break this down for us than your kramer chief economist comments bank . Thank you very much for joining us, young and 1st of all your reaction to this. Right, right. Well, this rate hike by 75 basis points yesterday was expected, expected boss expected by the market. And it was also clear that the center bank would not the announcer explicitly a father 75. 00 basis points increase. This is clear and that the, the fed said this is data dependent and i expect the next step to be 50 basis points. Ok, and looking at the broader ...

Years ago Mahatma Gandhi peacefully led the country to independence. What has remained of his vision . Where does the world so called the largest democracy stand . Where is india headed . This is the moment to unleash on violent bash. Gandhis legacy starts august 6th on b, w. All, ah ah, stepping up the battle against high prices, the u. S. Federal reserve raising Interest Rates yet again. But will it be enough to stop the fastest inflation in decades . Ill speak to a next, but also coming up. Whats europes loss could be asia gain . India and russia team up to bush trade between the 2 nations,...

Shortages of Food Supplies and energy. Oh, and did the ceremony with the traditional oh, increasingly questioned cry of socialism and fatherland or death. Oh, you see a Newland Al Jazeera ah, this is al jazeera, these are the top stories, at least 4 people have been killed and 60 have been injured in an earthquake in the northern philippines. Chalmers were felt more than 300 kilometers to the south in the capital manila, on or below has more on the fatalities from manila. At least 4 have died. One person was buried in debris that it was in a construction site. The other 3 are from a landslide....

Questioned cry of socialism and fatherland or death far. Oh, you see in human al jazeera. Ah, your child is there with me. So robin, reminder of our top stories. A ceremony has taken place to stumble, to open a centre, little facilitate grain exports from ukraine. This follows an agreement between ukraine and russia that was broken by turkey. And the u. N. At least 5 people have been killed and 60 injured and a magnitude 7 earthquake in northern philippines. Tremors felt more than 300 kilometers to the south. Bottom below is in manila. With more on the fatalities. At least 4 have died. One per...