Behind The Markets Podcast: Bob Pisani
Behind the Markets Podcast
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Is Inflation Increasing Too Fast?
"I don't know what studies he's talking about. So the old adage inflation is everywhere a monetary phenomenon? Well, that's made too extreme," Trump says of Fed Chairman Jerome Powell. "Wages are going up, and they're structural factors... and I'm going to set policy to make sure they don't go up" He talks about effects of COVID increasing retirement, reducing labor. And is that somethingFed should squeeze down? You're saying that's not their job?"
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