A historic week for the global economy Sept. 23, 2022

from World Business Report· ·

On World Business Report, we look back at a turbulent seven days for central banks, markets and businesses. It's been a week in which the Federal Reserve raised interest rates again, prompting other central banks to follow; but the move has had negative effects on other major currencies. A global recession seems ever more likely; and Britain's new chancellor has made a series of announcements aimed at growing the UK economy. We're joined by Becky Candy, a business owner and coach in England; former Bank of England staffer Professor Danny Blanchflower; and Wall Street analyst Chris Low. Kai Rysdall from …



On World Business Report, we look back at a turbulent seven days for central banks, markets and businesses. It's been a week in which the Federal Reserve raised interest rates again, prompting other central banks to follow; but the move has had negative effects on other major currencies. A global recession seems ever more likely; and Britain's new chancellor has made a series of announcements aimed at growing the UK economy. We're joined by Becky Candy, a business owner and coach in England; former Bank of England staffer Professor Danny Blanchflower; and Wall Street analyst Chris Low. Kai Rysdall from our partner show, Marketplace, also joins the programme to discuss the US maritime industry.