How supply 'bottlenecks' are driving a consumer price surge
Clip: 7/14/2021 | 6m 30sVideo has Closed Captions
Supply 'bottlenecks' are driving a consumer price surge. Here's how that affects inflation
The Consumer Price Index rose 5.4% last month compared to a year ago — the biggest monthly jump since 2008. During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell gave his assessment about the price surge and risks of inflation. David Wessel, the director of The Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins Judy Woodruff to discuss.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
How supply 'bottlenecks' are driving a consumer price surge
Clip: 7/14/2021 | 6m 30sVideo has Closed Captions
The Consumer Price Index rose 5.4% last month compared to a year ago — the biggest monthly jump since 2008. During testimony on Capitol Hill Wednesday, Federal Reserve Chairman Jerome Powell gave his assessment about the price surge and risks of inflation. David Wessel, the director of The Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins Judy Woodruff to discuss.
Problems playing video? | Closed Captioning Feedback
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