Inflationary shock and rate expectations

Trump appears to be chickening out again, but has he stopped the wild market fluctuations? Is there another way to move vital energy and commodities that doesn’t involve going through the Strait of Hormuz? How much damage has already been done to the global economy? And what does it mean for your mortgage?

Robert and Steph discuss the latest market turmoil and the wave of companies invoking a “force majeure" clause to suspend contracts. Plus, as ever, they look at what all of this means for the UK economy.

The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer.

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