What’s Really Got Inflation on the Run?

What’s really got inflation on the run?

Bloomberg Quicktake: Now published this video item, entitled “What’s Really Got Inflation on the Run?” – below is their description.

US inflation appears to be receding. Most analysts are attributing the good news to the Fed’s rapid tightening of monetary policy, and rate-hikes have indeed captured most of the headlines in 2022 — but was controlling inflation a simple matter of removing its causes? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights

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About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

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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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