To tame inflation, the Fed may have to cause ‘pain’ to labor markets: Economist
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#inflation #fed #interestrates Michael Gapen, Bank of America Head of U.S. Economics, joins Yahoo Finance Live to discuss inflation climbing during a period of declining GDP, labor market impacts, consumer spending, and the Fed’s rate hike cycle. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert […]