"The situation is already precarious": analyst on control of inflation in the US by the Fed

Stocks on Wall Street fell on Thursday after Wednesday's sell-off, causing the Dow Jones to close down 1,164 points, the lowest it has been since 2020. "What we see in stocks is a reflection of the anxiety that exists in the economy and in consumers themselves," says Julio Sevilla, a professor at the Terry College of Business at the University of Georgia.

Seville explains the factors that cause this fall, such as inflation and Russia's war in Ukraine.