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To a 22 year high. recent data has indicated that inflation is slowing following the ten consecutive rate rises already seen. the fed took a breather last month and kept the rate on hold to allow policymakers more time to assess the health of the us economy. live now to dr hisham foad, associate professor and chair of economics at san diego state university. thanks forjoining us here in bbc news. do you share this expectation that they will be a rate rise today? i expectation that they will be a rate rise today? rate rise today? i think it is almost certain rate rise today? i think it is almost certain we - rate rise today? i think it is almost certain we will- rate rise today? i think it is almost certain we will see l rate rise today? i think it is| almost certain we will see a quarter percentage point increase today. inflation is lower. it fell down to about 3%, cpi inflation, buta lower. it fell down to about 3%, cpi inflation, but a lot of the decrease has been driven by energy ....