Mayfield: The Fed and U.S. inflation are leading the world markets

CNBC Television published this video item, entitled “Mayfield: The Fed and U.S. inflation are leading the world markets” – below is their description.

Ross Mayfield, investment strategy analyst at Baird, discusses expectations for Fed chairman Jerome Powell’s message at Jackson Hole this week, and the best and worst-case scenarios for rate hikes and the impact on stock markets.

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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.

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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.

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