Global markets tumbled after a hawkish assessment by US Federal Reserve chair Jerome Powell. The richest Americans lost nearly $78 billion after the 8-minute speech. Palki Sharma tells you why central banks alone cannot solve this crisis. #Gravitas#USFed#RateHikes About Channel: WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.
