Interest rate and inflation
Latest on CGTN • 1m 51s
This Wednesday, the U.S. Central Bank ended an era of record low borrowing.
The Federal Reserve raised its benchmark interest rate from zero to around a quarter of a percent, and it’s only a fraction.
The Fed’s decision will have a huge impact on the U.S. economy not long recovered from the pandemic and now facing huge uncertainty over inflation worsened by Russia’s attack on Ukraine.
Up Next in Latest on CGTN
-
Women under the Taliban
The future of women and girls still in limbo in Afghanistan.
The Taliban have introducing new rules on where women can work.
And secondary education is still on hold for most girls.
The Taliban says it’s for protection, but many women say it’s rolling back hard-won rights. CGTN’s Toby Muse rep...
-
Kabul zoo stays open
In Afghanistan, life has changed a lot since the Taliban takeover in August. An economy in crisis, secondary education for most girls on hold, and popular entertainment venues shut down. But one has stayed open and in fact, thrived. The zoo.
-
Afghans struggle with drug addiction
Afghanistan is struggling with an epidemic of drug use and addiction.
The Taliban, as the new rulers of the country, are promising to help end addiction, forcibly sending addicts for treatment.
CGTN’s Toby Muse reports in his latest installment of Afghanistan Now.
