Original version

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

World Business Report

Factual: Money

The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

BBC World Service Europe and the Middle East

BBC World Service schedule for American satellite radio and the Caribbean

BBC World Service Americas and the Caribbean

BBC World Service Australasia

BBC World Service

BBC World Service News Internet

BBC World Service South Asia

BBC World Service Online

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East Asia

World Business Report: First broadcast 02/11/2022 15:32 GMT : Anxious winds blow through markets ahead of Fed decision

Bulletins

Anxious winds blow through markets ahead of Fed decision

First broadcast 02/11/2022 15:32 GMT 

First broadcast 02/11/2022 15:32 GMT : Anxious winds blow through markets ahead of Fed decision

BBC World Service - World Business Report, Anxious winds blow through markets ahead of Fed decision

Investors hope for positive guidance from the central bank on future interest rate rises.

The bank has been raising borrowing costs since March in a bid to keep a lid on inflation.

European shares and US stocks are drifting ahead of the Federal Reserve interest rate decision. The US central bank is expected to hike its benchmark rate by another three-quarters of a percent, pushing it up to 4%. We talked to Daleep Singh, chief global economist at PGIM Fixed Income, about market expectations.

We also looked at the weakness of Nigeria’s currency, the naira. It’s been blamed on the central bank’s plan to redesign its bank notes, but is there more to it than that? 

And we spoke to Matt Navarra, a social media consultant. He talked about Elon Musk’s plans to make money from Twitter’s famous blue ticks.   

(Picture: Statue of George Washington  Credit: Getty Images)

Accessibility links

Programme Index

World Business Report

First broadcast 02/11/2022 15:32 GMT : Anxious winds blow through markets ahead of Fed decision

Genres

Formats

Brand

BBC World Service East and Southern Africa

About BBC World Service