Wild trading in the US, sparked by fears that rising inflation could force central banks worldwide to hike interest rates, saw volatility return to global stock markets in recent days.

Irish Times columnist Chris Johns joins Ibec’s chief economist Fergal O’Brien, Cliff Taylor and Ciarán Hancock to discuss whether this is merely a temporary correction, or a hint of something more worrying to come.

Also on the podcast, the EU Commission’s latest estimate showing that Ireland’s economy grew three times faster than the wider euro area last year, the Federal Reserve’s new chairman, Brexit and the merits of the government’s National Development Plan.