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US Fed hikes rates by 25 basis points amid banking turmoil
Manage episode 358808017 series 2820785
The US Federal Reserve has raised interest rates again to fight inflation, despite banking turmoil. The Fed upped its key rates by 25 basis points, the lowest hike in nearly a year. Why does the Fed keep hiking rates? Does it mean fighting inflation is more important than curbing the banking sector fallout? How much responsibility does the Fed bear for the banking crisis (00:40)?
We’ll also take a look at the chip industry in China. Can China achieve self-reliance in the semiconductor industry in the next few years (18:19)?
106 tập
Manage episode 358808017 series 2820785
The US Federal Reserve has raised interest rates again to fight inflation, despite banking turmoil. The Fed upped its key rates by 25 basis points, the lowest hike in nearly a year. Why does the Fed keep hiking rates? Does it mean fighting inflation is more important than curbing the banking sector fallout? How much responsibility does the Fed bear for the banking crisis (00:40)?
We’ll also take a look at the chip industry in China. Can China achieve self-reliance in the semiconductor industry in the next few years (18:19)?
106 tập
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