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{
"id": 1550587,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1550587/?format=api",
"text_counter": 518,
"type": "speech",
"speaker_name": "Alego Usonga, ODM",
"speaker_title": "Hon. Samuel Atandi",
"speaker": null,
"content": "Some of the global factors that have assisted us to tame inflation include the easing of the monetary policy by the Federal Reserve. Over the last year, the Federal Reserve has been deliberately reducing interest rates, and this has percolated back to us. There have also been deliberate investments in our country's agricultural sector. We are now food-sufficient, which has also led to the stability of our food prices. These two factors have helped us tame the high inflation rates, which is why we are celebrating the fact that the economy is positively recovering."
}