The hard truth is the Fed is tightening into a slowdown, says Goldman’s Tony Pasquariello

CNBC Television published this video item, entitled “The hard truth is the Fed is tightening into a slowdown, says Goldman’s Tony Pasquariello” – below is their description.

Tony Pasquariello, Goldman Sachs head of hedge fund coverage, joins ‘Closing Bell: Overtime’ to discuss Fed Chair Jerome Powell’s testimony to the Senate Banking Committee this morning and how difficult it will be for the Fed to get inflation under control.

CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

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.

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.

Recent from CNBC Television:

The housing market will be a headwind for the Chinese economy, says JPMorgan’s Joyce Chang

Investors should be looking at Industrials, says Strategas’ Chris Verrone

Expect a strong back-to-school retail season, says JPMorgan’s Matthew Boss

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.

1 Recent Items: Inflation

Risk of a Pullback in US Markets Is Quite High: Oliver

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.