BBCNEWS Talking Business June 4, 2024 14:35:00
Our purchasing power for our main components has halved, making our products twice as expensive. so the strength of the dollar is making life harderfor many outside of the united states. but how much of that is to do with the central bank there, the federal reserve, raising interest rates? and how much is it to do with the struggles of other economies dealing with the covid pandemic and now the war in ukraine? well, london, it's one of the world's major currency trading hubs. so i've been to the offices of the us investment banking giant jp morgan to catch up with its co—head of currency str...