Business
19:09, 21-Feb-2023
BizBeat Ep. 591: More U.S. rate hikes will further dampen world economy
Share
Copied
02:55
Since 2022, the Fed turned to aggressive interest rate hikes to fight inflation, while the U.S. latest annual inflation rate surprised on the upside at 6.4 percent, way above the Fed's target of two percent. Fed policymakers indicated further rate hikes while leaving other countries, especially emerging economies, to pay the price of high inflation, currency depreciation and capital outflows. In this episode of BizBeat, CGTN's Zheng Junfeng explains.
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466