In this week's roundup, Merryn Somerset Webb, speaks with Money Distilled newsletter author John Stepek about the recent volatility in the markets, significant increases in gold prices and the role of US President Donald Trump in market shifts and the theoretical versus practical independence of central banks.

Gold, Debt and the AI Boom: A Financial Historian’s Warning
33:39

Markets Wrap: War, Energy and the Return of Inflation Risk
11:10

Exclusive: Rachel Reeves on Iran Shock, US Trade and Inflation Risks
29:12