Jobs data and wage growth are a sign that inflation could be stickier, strategist says

Yahoo Finance published this video item, entitled “Jobs data and wage growth are a sign that inflation could be stickier, strategist says” – below is their description.

#inflation #jobsreport #FederalReserve #YahooFinance

John Petrides, Tocqueville Asset Management portfolio manager, and Rob Haworth, U.S. Bank Wealth Management senior investment strategist, join Yahoo Finance Live to discuss the next moves by the Federal Reserve to tackle record inflation in the U.S.

Yahoo Finance YouTube Channel

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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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