Recession clouds clear but the Fed is coming: Market Recap Today

Yahoo Finance published this video item, entitled “Recession clouds clear but the Fed is coming: Market Recap Today” – below is their description.

#recession #news #economy

Cornerstone Wealth Managing Partner Jef Carbone and Jacqueline Remmen, Morgan Stanley Private Wealth Management Private Wealth Advisor and Senior Vice President, sit down with Yahoo Finance Live to talk about the economic outlook amid Fed interest rate hikes, inflation, growing jobs numbers, as well as what could be in store for the stock market on Monday, August 8.

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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