Wieting: Recession isn’t a necessary component of how we get to a lower inflation rate

CNBC Television published this video item, entitled “Wieting: Recession isn’t a necessary component of how we get to a lower inflation rate” – below is their description.

Steven Wieting of Citi Private Bank discusses the odd for a U.S. recession, resolving the global supply chain crisis, and whether we’ve seen the peak of rates yet this year.

CNBC Television YouTube Channel

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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.

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.

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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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In This Story: supply chain

In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

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