New U.S. economic data signals easing inflation
May 11, 2023
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4:22Now PlayingNew U.S. economic data signals easing inflation
YouTube Description
as posted by the channelEconomic data released Thursday shows that U.S. wholesale price increases decelerated in April and unemployment claims increased in the week ending May 6. Meanwhile, Treasury Secretary Janet Yellen warns that if the U.S. defaults on its debt, it could threaten the global economy. Jeanna Smialek, a Federal Reserve and economy reporter at the New York Times, joins CBS News to discuss.
#news #economy #inflation
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