Can the world afford another US Federal reserve hike?
132 views · Published 28 January 2016 · 2:05 · Indexed 18 October 2026
Channel: CGTN Africa · 2016 · News & Politics
When the U. S Federal Reserve raised its benchmark interest rate for banks for the first time in almost 10 years last December, it was a vote of confidence in the U.S. economy but global stock markets swooned. The Fed indicated there could be as many as four more rate hikes in 2016. Can the U.S. and the rest of world afford that?
More from this channel
-
0:29
Al-Shabaab: The U.S. is giving a reward of up to $6M for info on 6 leaders
-
3:54
Star Times setting the trend in Africa
-
1:43
Burundi's President Pierre Nkurunziza dismisses genocide frears
-
8:02
Global Leaders meet to discuss the migration crisis
-
0:48
Kenya Airways narrows pretax loss on the back of lower fuel costs
-
0:51
Glencore urged not to cut jobs at Zambian copper mine
-
0:54
Heroic welcome in Abuja for triumphant Nigerian U17 Football team
-
2:22
Vodacom to roll out video-on-demand service