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Business Matters: Are inflation worries justified?

Are inflation worries justified?

02/06/2021 GMT

BBC World Service - Business Matters, Are inflation worries justified?

Is the surge in inflation a cause for concern or is it just a blip?

What's behind the rise in inflation across the US and Eurozone? We hear from Jason Furman, the Aetna Professor of Economic Policy at both Harvard Kennedy School and Harvard University. Are the economy and racism linked? That's the focus of a conference this week in the US - we hear from the president of the Minneapolis Federal Reserve, Neel Kashkari. And Ebay has partially severed its ties to Paypal. The changes mean that while eBay buyers can still pay with PayPal, sellers will be paid straight into their bank accounts; we speak to Owen Thomas, senior editor at media company Protocol. Plus, many walkers and other adventurers use the 'What 3 Words' location app and it's used by many emergency services. But mountain rescuers have questioned the app's accuracy, citing dozens of examples where the wrong address was given to their teams. So what can be done about it? We hear from the app's chief executive, Chris Sheldrick. And after months of working from home, are power lunches back on the menu? The BBC's Victoria Craig finds out. And we're joined throughout the programme by Nicole Childers, executive producer of Marketplace Morning Report in Los Angeles and Jasper Kim of Ewha University in Seoul. (Picture of dollars flying away. Picture via Getty Images).

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