🔴LIVE Stream USA Hyperinflation Rate Hikes! | How It Effects China ?
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Nov 3- 6:15PM Beijing
Nov 3- 11:15AM London
Join Alex and PTE (A.J) for a detailed update on inflation and rate hikes.
The good news is that the Federal Reserve’s campaign to cool off inflation by hiking interest rates will succeed—but it will come at the cost of higher unemployment and an almost certain recession.
That’s the conclusion of Luke Ellis, CEO of Britain’s Man Group, the world’s largest publicly listed hedge fund manager, during an interview with Bloomberg Television.
The Fed is expected to announce later on Wednesday its fourth straight 75 basis point interest rate hike, with many investors looking for any clue policymakers are pivoting from the current tightening cycle that has sent stock markets tumbling last month to two-year lows.
The USA did raise again and what is the fallout ?
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