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Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2024 CGTN. 京ICP备20000184号
Disinformation report hotline: 010-85061466
Hong Hao, chief economist of GROW Investment Group, joins CGTN to share his analysis on the US economy and the Federal Reserve's policy decisions. He highlighted the potential for interest rate cuts in the US in the first half of 2024, citing stable oil prices and controlled food costs as factors that could lead to a downward trend in the Consumer Price Index. He emphasized that a weaker US dollar resulting from lower interest rates could alleviate pressure on the Chinese Yuan, potentially leading to a stronger Chinese market in the future.