The Heat: Global economy facing headwinds

The Heat

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U.S. consumer prices rose at a slightly slower pace in April – topping at 8.3%, down from 8.5% in March.

Supply issues kept inflation near its highest level in 40 years. Economists say the pandemic and the Ukraine conflict are largely to blame. CGTN’s White House correspondent Nathan King has a report.

To discuss: 

  • Ryan Patel is a global business executive and board director with Claremont Graduate University’s Drucker School of Management.
  • John Gong is an economics professor at the University of International Business and Economics.
  • David Bailey is a business economics professor at the University of Birmingham.
  • John Quelch is Dean of the University of Miami’s Herbert Business School.

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