The Fed signals two interest rate hikes by 2023, which is a sharp contrast from their previous forecast in March.

In a LIVE interview with CGTN last evening, our Chief Strategist, Jimmy Zhu, shared his thoughts on what was discussed at FOMC meeting.

Key highlights include:

👉 Market reactions to the expected rate hikes

👉 Concerns over inflation forecast raised for 2021

#2-Jun-18-2021-02-18-45-48-PM

#3-1