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InFocus: Impacts of Fed's latest rate hike on world economy

CGTN, 24 Sep 2022
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The U.S. Federal Reserve has raised interest rates for the third consecutive time this year. It says more rate hikes are likely as the central bank seeks to quell inflation. Other countries are following suit, raising interest rates to levels not seen since the global financial crisis 15 years ago. Our reporter Dai Kaiyi takes a closer look at the impacts of the Fed's decision and what lies ahead for the global economy.

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