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Transcripts For BBCNEWS World Business Report 20240706

jerome powell is due for a second day of testimony in front of lawmakers and his words literally move markets. on tuesday, he warned that the price of borrowing that s the base us interest rate may have to be raised more than many hoped and markets quickly took a dive. with a sell off in the us and asia. here s how it s being picked up in europe today. this is the state of play, inheriting some of that uncertainty that started in the us and translated through to asia. there is cam coming back to those numbers but markets are still trying to work out what all of this could mean for them. samra hussain is in new york for us. talk to me about what we heard yesterday and why markets are nervous about what could be coming down the line. nervous about what could be coming down the line- down the line. when we spoke on monday we down the line. when we spoke on monday we talked down the line. when we spoke on monday we talked about - down the line. when we spoke on monday we

Transcripts for BBCNEWS World Business Report 20240604 14:31:00

jerome powell is due for a second day of testimony in front of lawmakers and his words literally move markets. on tuesday, he warned that the price of borrowing that s the base us interest rate may have to be raised more than many hoped and markets quickly took a dive. with a sell off in the us and asia. here s how it s being picked up in europe today. this is the state of play, inheriting some of that uncertainty that started in the us and translated through to asia. there is cam coming back to those numbers but markets are still trying to work out what all of this could mean for them. samra hussain is in new york for us. talk to me about what we heard yesterday and why markets are nervous about what could be coming down the line. nervous about what could be coming down the line- down the line. when we spoke on monday we down the line. when we spoke on monday we talked down the line. when we spoke on monday we talked about - down the line. when we spoke on monday we talked ab

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