Guest
The Fed has experienced significant operating losses over the last six months which exhausted its existing capital. However, inflation in the U.S. remains high and the Fed’s announcement on Wednesday that it will raise interest rates by another 25 basis points suggests that it will keep the interest rates high for a long time. What‘s next for an ’insolvent’ Fed? In this episode of #BizBeat, CGTN’s Hou Jing explains.
