CNBC Television published this video item, entitled “Fed may need other methods to curb inflation, says former Fed Governor Mishkin” – below is their description.
Frederic Mishkin, former Fed governor and Columbia University economic professor, joins ‘Squawk on the Street’ to discuss the likelihood of the Federal Reserve pulling off a soft landing, if the Fed is doing a good enough job communicating to the market and more.
CNBC Television YouTube Channel
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About This Source - CNBC Television
CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
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.