Inflation is ‘quite politicized right now,’ strategist says

Yahoo Finance published this video item, entitled “Inflation is ‘quite politicized right now,’ strategist says” – below is their description.

#inflation #economy #stockmarket

BlackRock Americas iShares Investment Strategy Head Gargi Chaudhuri joins Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman to discuss the Fed’s plan to combat inflation, stock trades, and the outlook for mortgages.

Yahoo Finance YouTube Channel

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In This Story: BlackRock

BlackRock, Inc. (NYSE: BLK) is an American global investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world’s largest asset manager, with $7.4 trillion in assets under management as of end-Q4 2019.

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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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