BBCNEWS BBC News June 4, 2024 15:20:00
You know, barely a week ago, central banks around the world were just wondering how much further they were going to have to go in raising interest rates to tackle inflation and quite a lot of people in the financial markets and elsewhere were sort of wondering why the very steep increase in interest rates we have seen, especially in the uk and the us over the last year, had not had a bigger impact on the real economy and on financial markets, and now, a week later, you have had this sudden outbreak of tension and concern rippling through markets. some people questioning whether there will be a...