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— lower but to put that into context it was at zero in europe this time last year. and in the worlds largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown — chief global economist at...

This and particularly people on lower incomes who are really struggling to make ends meet. now, there are ways that that can be distributed but that all has to be done by government rather than by the central banks. so thats essentially what needs to happen, perhaps a focus on profits, risen quite sharply too and contributing to inflation is possible the governments can do something with taxation there.— with taxation there. where do ou think with taxation there. where do you think uk _ with t...