U.S. monetary policy aggravates global economy: former investment banker
STORY: U.S. monetary policy aggravates global economy: former investment banker
DATELINE: Sept. 23, 2022
LENGTH: 00:02:00
LOCATION: Islamabad
CATEGORY: ECONOMY
SHOTLIST:
1. various of the U.S.
2. SOUNDBITE 1 (English): MIR MOHAMMAD ALI KHAN, Former Wall Street investment banker
3. various of the U.S.
4. SOUNDBITE 2 (English): MIR MOHAMMAD ALI KHAN, Former Wall Street investment banker
STORYLINE:
A Pakistani expert has said that U.S. monetary policy will add fuel to the fire and aggravate the international economic situation.
Mir Mohammad Ali Khan, a former Wall Street investment banker, points out that U.S. decision-makers failed to slow down the U.S. economy before it's too late.
SOUNDBITE 1 (English): MIR MOHAMMAD ALI KHAN, Former Wall Street investment banker
"You're talking about a 40-year-high inflation, the Fed has already increased interest rates. The decision-makers are a bit worried right now because this is stagflation.
So we are looking at wrong decision making that they didn't slow down the
- Product Code
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- Registered date
- 2022/9/23 00:00:00
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- Xinhua / Kyodo News Images
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- Xinhua News Agency.All Rights Reserved
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