Inflation is a long ways away from pre-Covid levels, warns investor Peter Boockvar

CNBC Television published this video item, entitled “Inflation is a long ways away from pre-Covid levels, warns investor Peter Boockvar” – below is their description.

Peter Boockvar, Boockvar Advisory Group chief Investment Officer & CNBC Contributor, joins ‘Fast Money’ to discuss Boockvar’s thoughts on the market’s reaction to the FOMC minutes, what the impact of economic tightening will be and more.

CNBC Television YouTube Channel

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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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