leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds
this thing came from. very interesting, this thing came from. very interesting, great - this thing came from. very interesting, great to - this thing came from. very interesting, great to talk i this thing came from. very | interesting, great to talk to you as always. thank you. download john s podcast fever: the hunt for covid s 0rigins, on bbc sounds, or wherever you get your podcasts. the us central bank announced it will hold interest rates steady the first time it s decided against a rise in more than a year. the federal reserve wants time to assess the impact of rate hikes so far. 0ur michelle fleury has more. policymakers inside here, america s central bank, have been raising interest rates since march 2022, to make it more expensive to borrow money. their goal, to slow the rapid increase in prices, without calling down the economy so much that people start to lose their jobs. much that people start to lose theirjobs. and with the most recent data showing signs that inflat
leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the feds 2% target.