Feb.13 — Seema Shah, chief strategist at Principal Global Investors, Bloomberg Economics’ Stephanie Flanders, and Kirk Hartman, president and global chief investment officer at Wells Fargo Asset Management, discuss the U.S. January core consumer price index. They speak on “Bloomberg Daybreak: Americas.”
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.
5 Recent Items: Inflation
In This Story: Wells Fargo
Wells Fargo & Company ( NYSE:WFC ) is an American multinational financial services company with corporate headquarters in San Francisco, California, operational headquarters in Manhattan, and managerial offices throughout the United States and internationally.