Brainard Says It Is Not Time to Rest on Inflation

Bloomberg Television published this video item, entitled “Brainard Says It Is Not Time to Rest on Inflation” – below is their description.

White House National Economic Council Director Lael Brainard says it’s not time yet to declare victory on inflation. Speaking on Bloomberg Television, Brainard also says the White House is closely monitoring potential supply chain disruptions from the Red Sea shipping crisis.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: supply chain

In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

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