Podknife - Why is inflation so stubborn in the United States? by Business Matters

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Why is inflation so stubborn in the United States?

Podcast |: Business Matters
Publisher |: BBC
Media Type |: audio
Podknife tags |: Business,; Business News,; News & Politics
Categories Via RSS |: Business
Publication Date |: Jun 21, 2024
Episode Duration |: 00:49:18

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.

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