Deflation in the USA. It’s here.

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Recorded13 May 2020

Publisheranchor.fm ↗

Handlerec:2678566

Show notes

Inflation turned negative in April, thanks to collapsing energy prices, but also as demand for consumer goods, like clothing, fell in lockdown. The Fed’s Jay Powell gives a speech today - will negative rates feature in response to negative CPI?

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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