US interest rate hike could be bad for global economy

Global Business

The World Bank is warning of a “perfect storm” for some developing countries if the U.S. Federal Reserve raises interest rates.

Officials meeting here in Washington are half way through a two-day meeting to decide whether now is the right time for an upward shift. CCTV’s Daniel Ryntjes filed this report.

US interest rate hike could be bad for global economy

US interest rate hike could be bad for global economy

The World Bank is warning of a "perfect storm" for some developing countries if the U.S. Federal Reserve raises interest rates.Officials meeting here in Washington are half way through a two-day meeting to decide whether now is the right time for an upward shift. CCTV's Daniel Ryntjes filed this report.
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Peter Conti-Brown on US interest rate hikes

For more on U.S. interest rate hikes and their impact, Phillip Yin spoke to Peter Conti-Brown. He is a professor at the Wharton school of business.

Follow Phillip Yin on Twitter @PhillipTKYin

Peter Conti-Brown on US interest rate hikes

Peter Conti-Brown on US interest rate hikes

For more on U.S. interest rate hikes and their impact, Phillip Yin spoke to Peter Conti-Brown. He is a professor at the Wharton school of business.
Download Video