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Transcripts For BBCNEWS Business Briefing 20180212

The fed will probably raise the cost of borrowing faster. The bank of england has also given support to the idea that rates globally will rise. This end to so called cheap money will push up borrowing costs for companies and individuals, which can hurt corporate profits and curb economic activity. Also worrying investors is a government Budget Proposal announced by us lawmakers which raises spending caps and could fan inflation. With me is lena komileva, chief economist at g economics. Welcome, good morning. What is your view, was last week a blip or is this a sign of things to come . Hopefully the worst of the sell off is behind us. Lets not forget we have seen more than a 10 decline in major stock ti cats the start of the year which is restarted the year for every investor in the world, every world, every pensioner, every saver, anyone who has stocks or bonds or credit in their portfolio has seen in 2018 being rewritten but also the story of the last 17 and 20 months 01 so story of t

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