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Episode details

World Service,27 Jul 2022,26 mins

Interest rates: US Fed expected to rise

World Business Report

Available for over a year

With inflation in the US at a 40-year-high, we speak to a former member of the Federal Reserve Board of Governors, Randy Kroszner, for his insight into what options the Fed has and how it might come to its decision on raising interest rates. In Nigeria, lecturers have been on strike for months over pay and conditions, and other unions are now protesting in solidarity. The BBC's Bisi Adebayo explains what's led to the protest and speaks to a lecturer involved and a student there. And pricing for concerts is in the news again: Adele shows are reselling for as much as $40,000 dollars a ticket, while 'dynamic pricing' is seeing Bruce Springsteen tickets as high as $5,000. Rosalind Hunter, partner at strategy and marketing consultants Simon-Kucher and Partners, explains the mechanisms driving the ticket-selling market. (WASHINGTON, DC - JULY 26: Cars drive past the Marriner S. Eccles Federal Reserve building on July 26, 2022 in Washington, DC. Credit: Getty Images)

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