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Why is inflation so stubborn in the United States?
Manage episode 424669676 series 1301445
The inflation is the rate at which prices increases - so when we say the inflation rate is slowing down it does not mean that prices are falling .
So we wanted to discuss why inflation is still so sticky with someone in the US who has been looking at it for some time - someone involved in those crucial decisions on interest rates
Rahul Tandon spoke to Austin Goolsbee President of the Federal Reserve bank of Chicago one of 12 Reserve banks in the US.
1719 episodes
Manage episode 424669676 series 1301445
The inflation is the rate at which prices increases - so when we say the inflation rate is slowing down it does not mean that prices are falling .
So we wanted to discuss why inflation is still so sticky with someone in the US who has been looking at it for some time - someone involved in those crucial decisions on interest rates
Rahul Tandon spoke to Austin Goolsbee President of the Federal Reserve bank of Chicago one of 12 Reserve banks in the US.
1719 episodes
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