Powell discusses the effect of changing financial conditions on the real economy

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Powell discusses the effect of changing financial conditions on the real economy

CNBC Television published this video item, entitled “Powell discusses the effect of changing financial conditions on the real economy” – below is their description.

Federal Reserve Chair Jerome Powell delivers remarks at the the Brookings Institute on the elements of core inflation, setting monetary policy with consideration to lag times and the indicators of sufficiently restrictive policy.

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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.

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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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