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the first time it has opted against a rise in more than a year. fed chairmanjerome powell said the bank was still waiting for evidence that inflation was slowing decisively. so what might be in store? to talk through what s at stake i m joined by francis 0h, asia pacific chief executive at qraft technologies. a warm welcome to the programme. argue with the economists, the bookies that predict that inflation will actually be coming down to around 3%? actually be coming down to around 396? actually be coming down to around 396? ., ~ , ., ., ., around 396? thank you for having me, es, this is interesting because it would take a long time to see the 3% level could be achieved. we are still waiting and see for extra detail but right now the call of economists is about 3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be chan ....
the people who are affected most by high interest rates would tend to be younger households. older people, older house holders, are more likely to have paid off their mortgages they are mortgage free so they don t feel the impact of the increase in mortgage rates. you could spread the pain more broadly, so those households that, perhaps, aren t facing higher mortgage rates currently households that don t hold mortgages would potentially contribute towards the squeeze in demand by paying higher taxation. you could argue for a property tax, for example. yet there are also practical problems with using tax and spending policy to control inflation. history suggests it s hard to get the timing right, and when it comes to tax and spending political considerations often interfere unhelpfully. this is why the practice in recent decades has been to leave inflation control to the independent bank of england. however there is certainly more open thinking going on among res ....
and they have specific objectives included in them that need to be met, and that is up to each individual country to agree with nato, so they include areas like cybersecurity and also. and information sharing. cybersecurity and also. .. and information sharing.- cybersecurity and also. and information sharing. there were also talks of information sharing. there were also talks of opening information sharing. there were also talks of opening a - information sharing. there were also talks of opening a nato - also talks of opening a nato office in tokyo, but then france strongly objected to it. can you tell us about differences of opinion about how nato should deal with the concerns over china, with these asian allies. so, i think the conversation is increasingly around the interconnectedness between the end of pacific region, notjust around china, but of course around china, but of course around concerns about china as well. we have seen that mentioned in ....
president zelensky is accused nature of weakness and uncertainty over the reluctance of some members to set a timetable for ukraine to join the military alliance. nato leaders meeting in lithuania have agreed they can try but only when certain conditions are met. nato secretary general the sun has said the alliance has never sent a stronger political and practical message about partnership but made clear they could notjoin while it was still at war with russia. our europe editor katya adler sent this report from the summit in vilnius. disappointed, volodymyr zelensky put on a brave face today for supporters in the lithuanian capital. translation: i came here today believing in partners, in a nato that does not waste time. ukraine will make nato stronger. nato will make ukraine safer. a very different tone from his tweet earlier in the day, when he blasted the military alliance as absurd and weak for not agreeing a timetable for kyiv to join the club. as confirmed by n ....
i ll give you this preview, the president didn t do very much, but gleefully watch television during this timeframe. we will present a lot per than that. i can only imagine, i know what i felt as a u.s. congressman and if i was a president sworn to defend the constitution and that includes the legislative branch watching this on television i know i would have been going ballistic to try to save the capitol. he did quite the opposite. s we ve discussed many times on this program in the past, more than three hours, 187 minutes, to be exact, elapsed from the time donald trump leaves the rally on the ellipse to when he tweets out a video asking his supporters to leave the capitol. congressman elaine luria who will be leading thursday s hearing alongside congressman kinzinger said they ll be going through a period of time minute by minute. take a listen. not only was it a situation that he was not doing anything and at one point the infamous tweet at 2:24 he egged peopl ....