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 high demand to get out of inflation or that at some point its unavoidable. Anyway, so lets get a tough cleansing period out of the way. What do you say to that . Well, i think it, we do not need necessarily a recession, but i think are you, you have to be ready to take the pain of a short term recession. In order to bring down the inflation as the chem and poets at the do it during the press confere
There wasn t a moment last weekend I wasn t either watching a movie, talking about movies, or thinking about movies. It was one of the busiest weeks to date for the Arkansas film community with film events scheduled by the University of Central Arkansas, the Arkansas Cinema Society, and Made In Arkansas.
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Alabama News
From the West Alabama Newsroom–
A Perry County teen racks up a quarter of a million dollars in scholarship money to pay for college in the fall.
Seventeen year old Daniel Winfield of Marion is headed to Tuskegee University this fall to become a mechanical engineer.
“I got a letter saying that I was eligible for the President’s Scholarship. And at the end of the page they had these links to these different websites, saying that I could apply for more,” he said.
So, that’s exactly what he did.
“I applied for every one that I was eligible for. And I ended up with $250,000 worth of scholarships.”