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Transcripts for BBCNEWS Asia Business Report 20240604 00:31:00

making borrowing more expensive, the fed has been able to try to tame inflation but if they go too far, the us economy could slow down too much. the chief us economist at tivo press told me her expectations on the interest rates. . ., ., rates. the final inflation has been the rates. the final inflation has been the defining rates. the final inflation has been the defining moment l rates. the final inflation has | been the defining moment in jerome powell s post pandemic helm at the fed. what i would be looking for is, given the recent progress in the data where core inflation in the us has fallen significantly from the highs of 2022, willjerome powell be ready to declare victory and recognise the progress that has been made so far? and in this way indicate to financial markets that we are quite close to the end of the tightening cycle. my own

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