BizBeat Ep. 502: U.S. Fed rate hikes lead to systemic financial risks

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The U.S. Federal Reserve has driven many central banks to tighten monetary policy this summer, resulting in a rapid decline in global bond and stock prices. Despite rising global financial turmoil, U.S. policymakers are unlikely to act to slow the dollar's rapid rise because a strong dollar benefits the U.S.. CGTN's Aaron Liu explains in this episode of BizBeat.