BBCNEWS World Business Report June 4, 2024 05:33:00
Down by raising borrowing costs and lowering stock prices in a bid to slow the economy. mr powell still remains hopeful he can bring down inflation without causing a massive spike in unemployment. let's show you that market reaction. here is how asian markets are faring. you can see japan is over i% you can see japan is over 1% higher. the price of oil has gone up nearly 3%, as well. the share market reaction is largely following on from a bumper session on wall street because of the comments from the fed. ina in a moment we will get some expert analysis on all of this from a market analyst. w...