While LIVE on CGTN yesterday, Chief Strategist Jimmy Zhu shared key updates on the global market updates,
including:
- The impacts of the Russia-Ukraine conflict on supply chain issues and energy prices.
- The contributing factors to the U.S. experiencing food price inflation despite being one of the largest producers of agricultural products in the world.
- Two 50bps rate hikes are expected in May and June.
-The rising probability of a U.S recession in 2023.
