Why are global stock markets falling?
by Phillip Inman from Economics | The Guardian on (#3F5CC)
Fears of interest rate rises in the US aimed at taming inflation are making markets nervous
The FTSE 100 has posted its worst one-day performance since last April, as the London index picked up from a Wall Street sell-off at the end of last week. Indices also fell in Europe and Asia. Here we look at some of the issues raised by the sell-off.
Related: Stock markets continue to fall amid interest rate hike fears
Inflation is when prices rise. Deflation is the opposite - price decreases over time - but inflation is far more common.
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