The U.S. Federal Reserve kept its benchmark interest rates at 5.25 percent to 5.50 percent on Wednesday, stirring concerns of a recession. In this episode of BizBeat, CGTN’s Hou Jing discusses how high interest rates, as warned by experts like Bill Gross and Jeffrey Gundlach, pose risks to the U.S. economy.
BizBeat Ep. 794: High rates persist – threat to U.S. economy
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