Former CEA Chair Kevin Hassett weighs in on how to combat inflation

CNBC Television published this video item, entitled “Former CEA Chair Kevin Hassett weighs in on how to combat inflation” – below is their description.

Kevin Hassett, former Council of Economic Advisers chairman under President Donald Trump, joins CNBC’s ‘Squawk Box’ to break down how inflation will impact Fourth of July holiday spending.

CNBC Television YouTube Channel

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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.

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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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