The Fed's aggressive rate hikes are not only increasing the risk of "hard landing"


2022-09-22: [Chinese Article Link] For the third time in a row this year, the United States Federal Reserve announced an interest increase of 75 basis points on 21 August. The Fed reaffirms its determination to combat high inflation and is wary of the serious consequences of a premature easing of monetary policy. Xinhua, September 21st,


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




Trending in China

What China Reads


The Fed's aggressive rate hikes are not only increasing the risk of "hard landing"


2022-09-22: [Article Link] For the third time in a row this year, the United States Federal Reserve announced an interest increase of 75 basis points on 21 August. The Fed reaffirms its determination to combat high inflation and is wary of the serious consequences of a premature easing of monetary policy. Xinhua, September 21st,

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.