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And its head says there might be more to come. plus might be more to come. the latest from the earnings plus the latest from the earnings season. airbus and boeing have both released their latest quarterly results. welcome to asia business report, with me, mariko oi. our top story for you this morning, the us federal reserve has moved to hike the cost of borrowing once again. the central bank raised interest rates by a quarter of a percentage point, bringing it to the highest level in 22 years, and as my colleague michelle fleury explains, they have left the door open for more. the federal res...
Inflation rise as well, but of course the bank of japan hasn't hiked at all yet, and so we are still waiting for that first tweak to policy, just to tap the brakes a little bit and help to call down the economy. and ijust want help to call down the economy. and i just want to ask you, it is easy to criticise those central banks, but they have a really tricky job to central banks, but they have a really trickyjob to do, and in terms of tackling inflation while not pushing the economies into a recession, so far at least, have they actually done a pretty decentjob? least, have they actually done ...
To the end of the tightening cycle than the beginning, because you see the economy is starting to early interest hikes, and eventually inflation will drift lower, and of course central banks look forward six to nine months, so we have to think about where will inflation be early next year, if we change interest rates now so that's what we are getting closer to the end of cycle there as well. in closer to the end of cycle there as well. in terms of the bank ofjapan. _ there as well. in terms of the bank ofjapan, which - there as well. in terms of the bank of japan, which has - there as well. in...
Than the beginning, because you see the economy is starting to respond to early interest rate hikes, and eventually inflation will drift lower, and of course central banks look forward six to nine months, so we have to think about where will inflation be early next year, if we change interest rates now, and so that's why we are getting closer to the end of cycle there as well. in terms of the bank ofjapan, which has a new governor of course since april, there were some expectations among investors and traders that they might actually start to change its monetary policy, but they haven't really...