The biggest US rate rise in almost 30 years

Opponents are lining up to potentially challenge UK Prime Minister Keir Starmer, Chinese President Xi Jinping says his country will ‘open wider’ for American tech, and Saudi Arabia is considering a Middle Eastern non-aggression pact with Iran. Plus, what does one city in Pennsylv ...  Show more

The US Senate confirmed Kevin Warsh as the next chair of the Federal Reserve yesterday, and the Bank of England is set to water down its rules on stablecoins. Plus, the popularity of Germany’s AfD party is growing after its criticism of the Iran war.Mentioned in this podcast:Sena ...  Show more

The cost of living is rising at its fastest pace for 40 years, and economists warn prices will increase further this autumn — with some fearing annual inflation could hit 15 per cent.On this week’s episode, presenter Claer Barrett hears how the soaring cost of fuel, energy bills ...  Show more

Higher bond yields in developed markets are spooking equity markets, but some on the bond side see the higher yields as too attractive to miss out on. Services prices in Japan rose at the fastest annual rate since 1993. China is pushing hard against a weaker yuan. Bitcoin drop ...

America’s Federal Reserve made its third straight 0.75% <a href="https://www.economist.com/finance-and-economics/2022/09/21/as-america-raises-rates-the-rest-of-the-world-bears-the-pain?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery. ...  Show more

America’s Federal Reserve made its third straight 0.75% <a href="https://www.economist.com/finance-and-economics/2022/09/21/as-america-raises-rates-the-rest-of-the-world-bears-the-pain?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery. ...  Show more