US Fed's Interest Rate Decision Sparks Controversy
chinadaily.com.cn |
Updated: 2023-09-21 09:25
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The US Federal Reserve announced on Wednesday to hold target interest rates steady after hiking rates by as much as 5.25 percentage points to curb inflation since March 2022, which has sent the greenback soaring in the currency market.
There are voices of concern saying such an irresponsible move is "robbing money" from other countries, especially the developing ones. What do you say?
