This is CBS High in the World. I'm John Bathser, the meeting of the Federal Reserve Board

in February. Conversations now revealed. The quote, almost all participants agreed that

it was appropriate to raise the target range of the Federal Fund's rate 25 basis points.

I welcome Veronique de Rige of the Mercata Center, my guide on monetary policy, this last year

and more of anxiety about the interest rates because of the inflation rate. The short version

of this is inflation's out of control. The Federal Reserve must move very quickly to Taiman,

otherwise what we're looking at is beggaring the nation and limiting the life of people who

are both senior and junior. However, Veronique a very good even to you, 25 basis points in March,

continuing the increase of rates that started with jumbo hikes last year. Do you find the 25

adequate because there is debate at this meeting that they're talking about and in the market

of 50 basis points in March. Good evening to you. Good evening. Is it adequate?

I think they need to send a clear message, but maybe it's a message

clear enough to continue saying we're going to continue, we're going to continue.

I think that the last inflation numbers did not look good. They should have actually kind of

gave pause to everyone who thought that the battle was over. So I think one thing is sure,

they at least need to continue. They cannot slow any further. They need to continue speaking

big, big scary talk of the final rate being higher, much higher than anticipated and standing firm.

And I think I would favor actually going higher than 025. But

The short version also of this is they're going to continue raising rates until something blows up to you.

Subscribe to that opinion of how rate and how rate hikes and something is damaged.

How something is damaged? How? A bank blows up or the long term capital of 98.

You know, some crisis on the street and that's when they stop. I think I actually really hope

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