In one of its final decisions for the year, the United States Federal Reserve announced its cutting interest rates by a quarter-point. This is the third time the central bank has taken action to lower inflation despite describing the U.S. economy as strong.

Joining the discussion:

• John Gong is a Professor of Economics at the University of International Business and Economics in Beijing.
• Yan Liang is a Chair Professor of Economics at Willamette University.
• Klisman Murati is the Founder of Pareto Economics and creator of the Global Power Index.
• Anthony Chan is the former Chief Economist for JP Morgan Chase and Company.