US Labor Sec. Walsh on Jobs Report, Fed, Inflation

Us labor sec. Walsh on jobs report, fed, inflation

Bloomberg Markets and Finance published this video item, entitled “US Labor Sec. Walsh on Jobs Report, Fed, Inflation” – below is their description.

US Secretary of Labor Marty Walsh discusses the August employment report and Federal Reserve policy with Jonathan Ferro on “Bloomberg The Open.”

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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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