Zhu Min, Dean of the National Institute of Financial Research of Tsinghua University, said today at the press conference of the Global Economic Confidence Index of Finance and Economics that the biggest change in the global economy this year is also a risk. This strong growth will cause the US economy to overheat, so it is called "Biden overheating."
Overheating will cause changes in inflation, especially changes in inflation expectations. How the Fed responds to inflation is also unknown. Now the problems caused by "Biden overheating" have had a major impact on the global economy and finance.
(Produced by Xia Bin Wang Dongyu and Guo Shihao)
Editor in charge: [Li Yuxin]