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Spotlight: Why Is The Fed Trying To Create Inflation?

Spotlight: Why Is The Fed Trying To Create Inflation?

FromSteve Forbes: What's Ahead


Spotlight: Why Is The Fed Trying To Create Inflation?

FromSteve Forbes: What's Ahead

ratings:
Length:
3 minutes
Released:
Sep 3, 2020
Format:
Podcast episode

Description

Chairman Jerome Powell of the Federal Reserve recently announced that the central bank would allow inflation to go above 2% as long as the “long-term” average is 2%. What does this mean for you? Steve Forbes on the Fed’s new policy, why they are trying to create inflation and the economic destruction this approach could cause.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.
Released:
Sep 3, 2020
Format:
Podcast episode

Titles in the series (100)

In an uncertain and rapidly changing world, Steve Forbes sits down with today’s leading business and economic minds to give listeners a better grasp of what’s ahead, and shares his own perspectives on the day’s most pressing issues.