but inflation is raging in the us with annual inflation at rates not seen for a0 years. the latest figures show prices rose 6.8% in the year to november. and speculation is mounting that the fed will reduce the bond buying support it provides every month more quickly than planned, paving the way for a possible rise in interest rates next year. joining me now is scott anderson, chief economist at bank of the west, san francisco. what do you expect the federal reserve to do later? reserve to do later? thank you for having reserve to do later? thank you for having me. reserve to do later? thank you for having me. we reserve to do later? thank you for having me. we think - reserve to do later? thank you for having me. we think the . reserve to do later? thank you| for having me. we think the fed is a bit behind the curve now, wejust had to is a bit behind the curve now, we just had to months is a bit behind the curve now, wejust had to months in is a bit behind the curve now, we jus