All eyes on Jerome Powell’s major speech at Jackson Hole

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  Hello and welcome to World Business Report from the BBC World Service.

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  I'm Roger Hearing and on this edition,

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  the latest from Jackson Hole as the world's central bankers gather to discuss global finance.

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  Also,

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  UN agencies warn that workers need better protection from extreme heat caused by climate change.

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  How Japan is working with Africa on development and investment.

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  And we're in Edinburgh as the festival gets underway there and local accommodation costs...

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  go sky high.

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  The accommodation is the most expensive thing out of the whole budget.

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  That's all to come.

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  But first, it's that moment in the calendar when the world's leading central bankers,

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  the men and women who set interest rates,

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  oversee payment systems and support economic growth, gather together in the US Midwest.

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  Jackson Hole in Wyoming.

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  It's a resort set amongst lakes and mountains.

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  And there are bears.

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  But it's the bears in the global economy,

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  those who prefer caution to bullish enthusiasm, who are likely to dominate the discussion this year.

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  All eyes are on the chairman of the US Federal Reserve, Jerome Powell,

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  as his plan for a series of interest rate cuts has been thrown off course by recent higher-than-expected inflation readings.

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