Global markets stall after troubled week
It began with a historic hike from the Federal Reserve, and ended with an economic policy reset in the UK. Interest rates, inflation and insecurity have defined the last few days.
It began with a historic hike from the Federal Reserve, and ended with a major economic policy reset in the UK. Between that, other central banks have followed the Fed's course, and currencies around the globe have been rocked.
Interest rates, inflation and insecurity have defined the last five days - a tumultuous week in global affairs.
On Business Matters we discuss the effect it's having on markets and business confidence. Peter Jankovskis of Arbor Financial Services joins us from Illinois; and from Malaysia, Jessica Khine.
Business coach Becky Candy tells us what it's like for ordinary companies in Britain, while US professor David Blanchflower reacts to today's 'mini budget' in Westminster.
As more Asian countries continue to relax their Covid travel rules, we also explore how Japan is attempting to reinvigorate its tourism trade.
(Picture: The UK Chancellor, Kwasi Kwarteng. Credit: Getty Images).
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- Sat 24 Sep 2022 00:06GMTΒι¶ΉΤΌΕΔ World Service
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Business Matters
Global business and finance news and discussion from the Βι¶ΉΤΌΕΔ