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— lower but to put that into context it was at zero in europe this time last year. and in the world's 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 capital economics. good morning to you, jennifer. so it's a lovely location, portugal, you got chr...

City. does it depend on the ci ? it city. does it depend on the city? it must _ city. does it depend on the city? it must do, _ city. does it depend on the city? it must do, i- city. does it depend on the | city? it must do, i assume, city. does it depend on the i city? it must do, i assume, in terms of how bad this is? reports out recently about london talk about how the fear of post covid—19 death of the office and the implications of that have been over exaggerated. that people are returning and more and more people are returning as time goes by? in people are returning as time aoes b ? ....