CNBC Television published this video item, entitled “‘Inflation backdrop is improving,’ but there are still valid worries” – below is their description.
Michael Schumacher, head of macro strategy at Wells Fargo, and Brian Reynolds, chief market strategist for Reynolds Strategy, join The Exchange to discuss inflation and how the Federal Reserve may act in the next few months to mitigate it. ‘It’s probably too soon by at least a couple of months for Jay Powell to get excited about tapering,’ Schumacher tells Kelly Evans. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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