The Heat: Global Economy

In one of its final decisions for the year, the United States Federal Reserve announced its cutting interest rates by a quarter-point. This is the third time the central bank has taken action to lower inflation despite describing the U.S. economy as strong. #heat #eurozone #ratecuts #usfed #globaleconomy Joining the discussion: John Gong is a Professor of Economics at the University of International Business and Economics in Beijing. Yan Liang is a Chair Professor of Economics at Willamette University. Klisman Murati is the Founder of Pareto Economics and creator of the Global Power Index. Anthony Chan is the former Chief Economist for JP Morgan Chase and Company. Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok: @newstoks This material is distributed by MediaLinks TV, LLC on behalf of CCTV. Additional information is available at the Department of Justice, Washington, D.C.