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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 ....
Because they can t get loan so cheaply. there is a time lag, and that s why the fed has decided perhaps it might pause, see how things play out, the more hikes are warranted. there s been a lot of debate and conversation and questioning of the fed because they were wrong and how they initially characterised inflation is transitory so there was questions about whether they were right to pause or would have to do more but it appears based on this data that things are moving in the right direction and i have more breeding ground. direction and i have more breeding round. ., direction and i have more breeding round. . , , ., ground. that will be very good for them, ground. that will be very good for them. good ground. that will be very good for them. good to ground. that will be very good for them, good to talk ground. that will be very good for them, good to talk to ground. that will be very good for them, good to talk to you. - ground. that will be very good for them, good to talk ....