$ZHENGWEI GROUP (02147.HK)$ Experts have pointed out that co...
Experts have pointed out that continued interest rate hikes have led to a slowdown in U.S. economic growth, increased pressure on the financial system, and further exacerbation of the already heavy debt burden, which will bring negative spillover effects to the global economy. In addition, the Fed's substantial interest rate hikes have also pushed up the debt-servicing costs of emerging markets and developing economies, exacerbating the risk of capital outflows, which in turn has led to turbulence in the global financial markets and an increase in the downside risk of the economy.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment