BBCNEWS Talking Business June 4, 2024 15:31:00
Wherever your arejoining me from around the world, once again a big hello and warm welcome to the show. you know, across the world's most powerful countries, the cost of borrowing money has been going up. central banks, they've been raising the interest rates to tackle inflation. and while banks have been lightning fast in passing on those rising rates to those who borrow from them, those who save with their banks, well, they've not been seeing the same immediate reaction. if they want higher rates, they often have to shop around and move their money. in the united states, the world's biggest ...