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World Business Report: First broadcast 02/02/2023 15:32 GMT : Rate rises around the world

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Rate rises around the world

First broadcast 02/02/2023 15:32 GMT 

First broadcast 02/02/2023 15:32 GMT : Rate rises around the world

BBC World Service - World Business Report, Rate rises around the world

Central banks indicate that an end of interest rate rises could be in sight

The European Central Bank and the Bank of England follow the US Federal Reserve in raising interest rates.

As the Bank of England and the European Central Bank raise interest rates, following the lead of the US Federal Reserve, we get market reaction and the thoughts of a former member of the ECB.

We get the latest from Nigeria as the country copes with fuel shortages.

And the head of one of Europe’s most important tech companies has told the BBC he's concerned that the world market for microchips could be badly disrupted if further restrictions are put on their exports to China. Our reporter Matthew Kenyon tells us what ASML Chief Executive Peter Wennink has had to say.

(Picture: A general view of the Bank of England (BoE) building in London, Britain, August 4, 2022. Credit: REUTERS/Maja Smiejkowska/File Photo)

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First broadcast 02/02/2023 15:32 GMT : Rate rises around the world

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