the first time it has opted against a rise in more than a year. fed chairmanjerome powell said the bank was still waiting for evidence that inflation was slowing decisively. so what might be in store? to talk through what s at stake i m joined by francis 0h, asia pacific chief executive at qraft technologies. a warm welcome to the programme. argue with the economists, the bookies that predict that inflation will actually be coming down to around 3%? actually be coming down to around 396? actually be coming down to around 396? ., ~ , ., ., ., around 396? thank you for having me, es, this is interesting because it would take a long time to see the 3% level could be achieved. we are still waiting and see for extra detail but right now the call of economists is about 3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be changing t
3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be changing trajectory because it has been very hawkish and it will be in to see that. the last result will be in to see that. the last result and will be in to see that. the last result and minutes i will be in to see that. the last result and minutes of the last result and minutes of the last meeting gave us the impression that actually in the next week or so when they meet again, they could increase interest rates again and as you said again that was a real concern for markets. today s numbers have come in at 3.1% as most believe, will that tell the fed to keep rates on hold? in my opinion, even if we are seeing the 3.1% may be thejune cpi is maybe not sufficient enough to change the minds of