Ukraine isn’t the primary driver of nervous markets, it ‘inflation and interest rates’ says expert

GBNews published this video item, entitled “Ukraine isn’t the primary driver of nervous markets, it ‘inflation and interest rates’ says expert” – below is their description.

‘Ukraine is one thing the markets are nervous about, but it’s not really the primary driver. That’s ​been inflation and interest rates.’

Chief strategist at Brewin Dolphin Guy Foster on the economic impact of escalating tensions in Ukraine.

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About This Source - GBNews

GB News is a free-to-air television and radio news channel in the United Kingdom. The channel is available on Freeview, Freesat, Sky, YouView, Virgin Media and via the internet. Since 4 January 2022, an audio simulcast of the station has been available on DAB+ radio.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Ukraine

Ukraine is a large country in Eastern Europe known for its Orthodox churches, Black Sea coastline and forested mountains. Its capital, Kiev, features the gold-domed St. Sophia’s Cathedral, with 11th-century mosaics and frescoes. Overlooking the Dnieper River is the Kiev Pechersk Lavra monastery complex, a Christian pilgrimage site housing Scythian tomb relics and catacombs containing mummified Orthodox monks.

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