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quicklx the fed has tightened policy quickly. a increase in excellent bit over a year and that excellent bit over a year and that is excellent bit over a year and that is huge, historically it s a enormous increase and i think is a lot, a enormous increase and i think is a lot, there is one view that is a lot, there is one view that the is a lot, there is one view that the fed should wait to see the impact of what they have dona any break may be short lived. us inflation is still running well above the fed s 2% target. so the pain from higher borrowing costs to companies and to consumers is likely not over, according to diane swonk, chief economist at kpmg in the us, who believes the fed will raise rates again injuly. pauses not at an end. we have seen pauses not at an end. we have seen the pauses not at an end. we have seen the fed play overgrown with seen the fed play overgrown with words like skip they don t want with words like skip they don t wa ....
The figures came just as the federal reserve kicked off its two day policy meeting. investors are now more optimistic than ever that the central bank will likely leave the cost of borrowing unchanged this month. my colleague michelle fleury has more. policymakers inside here. america s central bank, have been raising interest rates since march 2022 to make it more expensive to borrow money. their goal to slow the rapid increase in prices without cooling down the economy so much that people start to lose theirjob. and with the most recent data showing signs that inflation is easing, the federal reserve is expected to leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and who s now chief investment officer at advisors capital management, explained the rationale. the fed has tightened policy ....