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in what is being viewed in come circles as a sign that eurozone borrowing costs may soon reach their peak. the move mirrors the us federal reserve's quarter—point rate rise on wednesday. central banks on both sides of the atlantic have dramatically raised rates since last year in response to a surge in inflation. professor christian de boissieu is emeritus professor of economics at the sorbonne university in paris. the lending service from the bank suggest that a credit crunch is looming. does that suggest to you that the era of credit cycle tightening has come to an end? i would f...

a move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc�*s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america's central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs with which it lacks inflation and economic and financial d...

the uk has struck a deal to join a trans—pacific trade pact consisting of 11 countries. together — australia, brunei, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore and vietnam — account for 13% of global gdp. the pact — called the comprehensive progressive agreement for trans—pacific partnership — aims to cut or reduce 95% of import charges or tariffs. but some will be retained to protect sensitive domestic areas. the initial gains for britain will only be marginal, as it already has free trade deals with 9 of the 11 countries involved, and the gove...

and inflation falls sharply in the eurozone. will the european central bank change direction as a result? welcome to world business report. i'mjagdip cheema. let's start with an important trade deal, because the uk has struck a deal to join a trans—pacific trade pact consisting of 11 countries. together, these pacific—rim countries — which doesn't include the usa — account for 13% of global gdp. the pact — it's called the comprehensive progressive agreement for trans—pacific partnership — aims to cut 95% of import charges or tariffs. the initial gains for the uk economy...

together, these pacific—rim countries, which doesn't include the usa, account for 13% of global gdp. the pact, it's called the comprehensive progressive agreement for trans—pacific partnership, aims to cut 95% of import tariffs. the initial gains for the uk economy may be only marginal, that's according to the government's own estimates. here's the bbc�*s global trade correspondent, dharshini david, explinaing what that pact, is all about. cptpp is more thanjust cptpp is more than just a cptpp is more thanjust a mouthful. it is a packed between 11 nations and they are reducing ...