What the Inflation Reduction Act means for investors, Wall Street and corporate profitability

Yahoo Finance published this video item, entitled “What the Inflation Reduction Act means for investors, Wall Street and corporate profitability” – below is their description.

#InflationReductionAct #inflation #investors #yahoofinance

Yahoo Finance’s Rick Newman breaks down the tax provisions in the Democrats’ climate and economic bill and what the bill passing could mean for markets.

Yahoo Finance YouTube Channel

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In This Story: Democrats

“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.

It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).

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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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