in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation and ec
MIL-OSI USA: Bowman, Risks and Uncertainty in Monetary Policy: Current and Past Considerations
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Risks And Uncertainty In Monetary Policy: Current And Past Considerations, Federal Reserve Governor Michelle W Bowman, At Frameworks For Monetary Policy, Regulation, And Bank Capital Spring 2024 Meeting Of The Shadow Open Market Committee, Hosted By The Manhattan Institute, New York, New York
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