45 min listen
Hot, Hot, Hot! Inflation Back to the 80s 4/12/22
FromSquawk Pod
ratings:
Length:
29 minutes
Released:
Apr 12, 2022
Format:
Podcast episode
Description
The Consumer Price Index, which measures inflation by tracking the prices of everyday items, rose 8.5% in the last year–the fastest annual gain since 1981. CNBC’s senior economics reporter Steve Liesman and on-air editor Rick Santelli explain the hot inflation data, pains for consumers, and whether the Fed’s aggressive policies to combat it will result in a broader economic slowdown. Former Australian Prime Minister Kevin Rudd covers another factor that could hit inflation rates here in the U.S.: China’s Covid lockdowns. As sweeping shutdowns across the country continue, Rudd considers the impact on global supply chains and inflation around the world. Plus, Etsy sellers are on strike–virtually for a week to protest a hike in fees. In this episode:Kevin Rudd, @MrKRuddRick Santelli, @RickSantelliSteve Liesman, @steveliesmanJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Apr 12, 2022
Format:
Podcast episode
Titles in the series (100)
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