What the Inflation Reduction Act means for energy stocks and oil prices with Nasdaq Energy Analyst

Yahoo Finance published this video item, entitled “What the Inflation Reduction Act means for energy stocks and oil prices with Nasdaq Energy Analyst” – below is their description.

#InflationReductionAct #Inflation #yahoofinance

Nasdaq Senior Energy Analyst Rich Pontillo discusses the implications of the Inflation Reduction Act on energy markets.

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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