Boom Bust: Russia-Ukraine conflict causing problems for Fed
The US and its allies have moved to implement new sanctions against Moscow, as Russia’s central bank moves to double interest rates, while the ruble sees it worst day on record. We’ll discuss the latest central bank action, and whether it will soon include the Federal Reserve. Plus, we’ll take a look at how the new measures are already impacting global markets. And the latest tensions sent oil prices back to $100 per barrel. We’ll break down why the markets are concerned, and how long the latest rally is likely to last.