Global Times: US could be blown up in its own minefield
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The “aggressive” measures taken by the US Federal Reserve have led to an abnormal growth of the dollar.
Chinese newspaper Global Times said that the “aggressive” measures taken by the US Federal Reserve led to an abnormal growth of the dollar. At the moment, the whole world is paying for this, but in the future, America itself will be blown up in this “minefield”.
According to the publication, the US Federal Reserve is holding a meeting to consider raising interest rates. According to experts, rates could rise by at least another 75 basis points.
“Such actions will lead to an increase in the US dollar against other currencies. Now, due to the actions of the US Federal Reserve, the dollar is on the rise, which occurs only once in a generation. In turn, for other countries, this could be the beginning of another nightmare, ”adds the publication.
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