Fed’s “wait and see” stance on inflation keeps global economies on their toes
From the BBC World Service: The Federal Reserve’s latest meeting minutes suggest they want to see more evidence that inflation is cooling before cutting interest rates. However, when borrowing costs stay high in the U.S., it can ripple around the globe. Then, authorities in Myanmar have started sending back hundreds of Chinese nationals accused of working in internet scam operations. And, ahead of Germany’s elections, we hear how voters are reacting to a sluggish economy.