Listen to Department of Economics faculty, Todd Federman and David Axelrod, discuss the current inflation crisis in the U.S. In this episode they discuss the following:
- Inflation definition
- How is the inflation rate calculated?
- Impact of Covid on inflation
- Why the inflation rate has spiked and its’ implications on the U.S. economy and consumers
- Actions that can be implemented by the Federal Reserve Bank to lower the rate
- Prediction on impact of recent interest rate increase
- Role of supply chain on impacting inflation rate
Listen to Department of Economics faculty, Todd Federman and David Axelrod, discuss the current inflation crisis in the U.S. In this episode they discuss the following:
- Inflation definition
- How is the inflation rate calculated?
- Impact of Covid on inflation
- Why the inflation rate has spiked and its’ implications on the U.S. economy and consumers
- Actions that can be implemented by the Federal Reserve Bank to lower the rate
- Prediction on impact of recent interest rate increase
- Role of supply chain on impacting inflation rate