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BBCNEWS Asia July 5, 2024

investment officer at advises capital management explained. the fed has tightened policy dramatically and quickly, basically a five percentage point increase over a little more than a year. that is huge, historically it s an enormous increase and i think there is one view that the fed should wait to see the impact of what they have done stop any break may be short lived, us inflation running above the 2% target of the fed so the pain from higher borrowing costs to companies and consumers is likely not over according to the chief economist at kpmg in the chief economist at kpmg in the us who believes the fed will raise rates again injuly. the pause is not an end, we ve seen the fed play around with words in order to signal they don t want to let their guard is down yet with regards to patient and i think that s really been the theme we ve seen emerge across central banks in recent weeks around the world. fix, banks in recent weeks around the world- the world. a reminder that ....

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BBCNEWS Asia July 5, 2024



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 ....

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