![If America runs a fever, will the world fall ill [CGTN]](https://i0.wp.com/usachinatrading.com/wp-content/uploads/2021/07/If-America-runs-a-fever-will-the-world-fall-ill-CGTN.jpg?resize=525%2C317&ssl=1)
U.S. consumer price inflation jumped to a 13-year high in June, with the core price index excluding food and energy reaching a 30-year high. While Fed chair Jay Powell and Treasury Secretary Janet Yellen repeatedly reassure the market of a transitory inflation, global markets have been facing challenges. When America sneezes, the rest of the world catches a cold. But what happens when it runs a fever? CGTN’s Guan Xin asks in this episode of BizBeat. Watch the video:
Video: If America runs a fever, will the world fall ill? BizBeat 177