Fed ‘will risk a recession’ to fight inflation, economist says

Fed ‘will risk a recession’ to fight inflation, economist says

Yahoo Finance published this video item, entitled “Fed ‘will risk a recession’ to fight inflation, economist says” – below is their description.

#FederalReserve #recession #yahoofinance

Deutsche Bank Securities Chief US Economist Matthew Luzzetti joins Yahoo Finance Live anchors Brad Smith and Brian Sozzi to discuss a hawkish Fed, upcoming rate hikes, inflation, recessionary risks, and the economy.

Yahoo Finance YouTube Channel

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In This Story: Deutsche Bank

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank’s network spans 58 countries with a large presence in Europe, the Americas and Asia.

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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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