Download
U.S. central bank admits it underestimated spread of inflation
Owen Fairclough
01:46

Top U.S. financial officials offered a sobering message: Inflation is more widespread than initially thought, and it’s too soon to measure the Omicron variant's impact on the economy. That’s forcing leaders to rethink their strategies. CGTN's Owen Fairclough reports.

Check out The China Report, our new weekly newsletter. Subscribe here!

Search Trends