to the federal reserve that the central bank is succeeding in its fight against inflation. let s get the latest on this with our north america business correspondent michelle fleury in new york. some relief after the roses that the inflation is coming down. it some relief after the roses that the inflation is coming down. inflation is coming down. it was the tenth month inflation is coming down. it was the tenth month in inflation is coming down. it was the tenth month in a inflation is coming down. it was the tenth month in a row inflation is coming down. it was the tenth month in a row that inflation is coming down. it was the tenth month in a row that inflationl tenth month in a row that inflation was slowing down and people are looking at it as a sign that perhaps the worst of the inflation crisis is behind us. the problem we have is that the battle is yet to be one because typically if you look at the federal reserve 2% target at 4.9%, we are behind that by a s
policy success of the 20th century but the republicans in congress today insi5t but the republicans in congress today insist on ignoring it and instead impo5e the5e diametrically opposed policie5 instead impo5e the5e diametrically opposed policies of government oppo5ed policies of government austerity and stagnation. it’s opposed policies of government austerity and stagnation.- austerity and stagnation. it s all wronu. austerity and stagnation. it s all wrong. richard, austerity and stagnation. it s all wrong. richard, really- austerity and stagnation. it s all i wrong. richard, really interesting to get your perspective. thanks for that. richard duncan, economist, and author. here in the uk the boss of the retailerjohn lewi5 has been responding to growing staff anger at her leadership. dame sharon white was facing a vote of no confidence over her plans to sell a stake in the retailer meaning it would no longer be fully owned by its employees. john lewis is seeking to revive gro