Fed’s inflation commitment ‘is unconditional,’ strategist says

Yahoo Finance published this video item, entitled “Fed’s inflation commitment ‘is unconditional,’ strategist says” – below is their description.

#Fed #Inflation #yahoofinance

Priya Misra, TD Securities Managing Director and Global Head of Rates Strategy, and Brett Ryan, Deutsche Bank Sr. U.S. Economist, join Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman to discuss Fed Chair Powell’s Jackson Hole speech and discuss the outlook for rate hikes and the economy.

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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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