The City View: The Fed considers a rate hike, and India considers Russian oil

On today's episode of The City View, Andy Silvester chats to City A.M. reporter Jack Barnett about firms raising their prices; whether the Fed and the Bank of England will hike rates, and by how much; and what we can expect of inflation by this October. Andy also takes us through the headlines: Rio Tinto has made a $2.7bn offer for Turquoise Hill's remaining shares as it seeks control of a Mongolian copper-gold mining project; the Office for National Statistics has added meat-free sausages and removed men's suits, among other items, to the basket used to calculate price hikes; and India is considering a Russian offer to purchase crude oil at a discount.See omnystudio.com/listener for privacy information.

Om Podcasten

The City View is a new podcast from City A.M. - London's daily business and finance newspaper. City A.M. was launched 15 years ago under the strapline "business with personality" - and The City View podcast follows the same philosophy. Every day, City A.M. Editor Andy Silvester will open the podcast with a quick look at the headlines from the worlds of business, finance, economics and politics, before introducing his guest of the day. Guests will be industry leaders, economists, pundits, investors, journalists, politicians and senior figures from the City of London. Expect insight and analysis mixed with good conversation, humour and expertise as Andy and his guests attempt to make sense of the world in extraordinary times.