couldn t get the bacon at the store. it is a hardship, not an inconvenience or most americans, and tomorrow morning we look at the consumer price index for december. it s going to be 7% year-over-year, the highest in 40 years. my store cells are bare because of thievery on shoplifting, not because of supply shortages. but i will tell you that jay powell, head of the federal reserve has come out and said it in a sense, i paraphrase, i m not playing your reindeer games anymore. they are going to start typing monetary policy. they won t be buying any more treasury debt, they ve been sopping up more than half the treasury debt issued by these spendthrift democrats and they will start raising interest rates because inflation is a concern. it s that $9 trillion balance sheet.
Kenya’s parastatals, including public universities, accumulated Sh108.6 billion in additional arrears to contractors and suppliers in six months to September.
swetha ramachandran, investment manager, gam investments. good to see you. do you expect the fed will announce it is going to put less cash in the system? going to put less cash in the s stem? ,, , . g :: :: system? sure, since june 2020 the fed has system? sure, since june 2020 the fed has been system? sure, since june 2020 the fed has been buying - system? sure, since june 2020 the fed has been buying about| the fed has been buying about $120 billion of debt made up of $80 billion of treasury debt and a0 billion of mortgage backed security. it s all about certain we will see the announcement of the taper, the announcement of the taper, the reduction to reduce treasury debt purchases by $10 billion a month and mortgage backed security by 5 billion a month. this mortgage-backed security by 5 billion a month. billion a month. as you say, this is expected billion a month. as you say, this is expected so - billion a month. as you say, this is expected so it - billion a month. as yo