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brian china economic crisis wang 0715
'I'm losing my mind': Chinese depositor loses life savings in bank
China's zero-Covid policy has inflicted devastating economic pain as unemployment is soaring and people aren't earning as much. Even saving money has become a risky bet. CNN's Selina Wang speaks to a man who fears he's lost his entire family's life savings.
03:58 - Source: CNN
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brian china economic crisis wang 0715
'I'm losing my mind': Chinese depositor loses life savings in bank
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Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney Martin Jr. Federal Reserve Board Building on September 18, 2024 in Washington, DC. The Federal Reserve announced today that they will cut the central bank’s benchmark interest rate by 50 basis points to a new range of 4.75%-5%.
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