Posted inBeijingChinaEuropean UnionWorld

US rate hike linked to sell-off and ‘fragile’ global markets

The sell-off that rocked global stock markets in recent days was linked to the latest interest rate hike by the US Federal Reserve, a move that was strongly criticized by President Donald Trump. Analyst Brett McGonegal, co-CEO of Seven Stars Cloud Group, told Bloomberg TV he believed the President’s comments were right. The central bank chief had a […]