This week's benchmark interest rate rise saw Chairman of the US Federal Reserve Jerome Powell show increasing confidence in the US economy, while further strengthening the case for a fourth hike this year in December.

Our Chief Strategist Jimmy Zhu discusses the impact of rising global trade tensions on the Fed’s tightening cycle and how we shouldn’t be ignoring their contagion effect on areas such as consumer and business confidence in his special report for CGTN.

CGTN 0928