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This is CBSI in the world.

I'm John Bacheler.

Joseph Sternberg is in London.

He writes politically economics.

And we are on the eve of the Federal Reserve Chairman, Mr. Powell,

making an announcement about tightening again in order to, in some way,

stave off the inflation that is troubling in the United States and Europe in the world.

We have this headline from London to look at a very big picture.

Central bank set to lift interest rates to 15-year highs as investor jitters grow.

Concerned that bond market rally underestimates growing evidence of persistent inflation.

Joe, that's impossible to summarise.

So what I will say is the central bankers are reported going in the same direction as the Federal Reserve.

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