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Fed official: As Covid subsides, so will the price pressures
San Francisco Fed President Mary Daly tells CNN's Julia Chatterley that inflation is "being buoyed around" by temporary, Covid-related price increases.
04:26 - Source: CNNBusiness
Economy 15 videos
mary daly san fran fed
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Fed official: As Covid subsides, so will the price pressures
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A traveler looks at a flight information board at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia.
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'The system is stressed to the max': United CEO weighs in on industry woes
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Hear Janet Yellen's warning if debt ceiling agreement is not reached
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Bankers dig in as recession looms in Europe
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Disney just threw down the gauntlet in the WFH battle
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Layoffs are making headlines. What's really going on in the job market
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'You're just a hamster spinning on a wheel': Restaurant owner struggles to stay open
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MIRAMAR, FLORIDA - OCTOBER 27: In this aerial view, single family homes are shown in a residential neighborhood on October 27, 2022 in Miramar, Florida. The rate on the average 30-year fixed mortgage hit 7.08%, up from 6.94% the week prior, according to Freddie Mac. Mortgage rates surpassed 7% for the first time since April 2002. (Photo by Joe Raedle/Getty Images)
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Is housing a buyer's market or a seller's market? CEO explains why it's neither
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Men are dropping out of the workforce. Here's why
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A person prepares to pump gas at a BP gas station on Coney Island Avenue on October 19, 2022 in the Flatbush neighborhood of Brooklyn borough in New York City. President Joe Biden announced the sale of an additional 15 million barrels from the Strategic Petroleum Reserve. The announcement was made three weeks before the Midterm Elections and the move is expected to meet the administrations goal of releasing 180 million barrels from the Strategic Petroleum Reserve to counter the rising gas prices due to Russia's invasion of Ukraine.
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Is the economy as bad as it seems? Maybe not
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Bank of America CEO predicts 'mild recession' next year
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Some Americans being forced to pick between paying for groceries and heating their homes
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Customers browse racks of clothing as they shop inside a discount department retail store in Las Vegas, Nevada, on May 7, 2022. - The US economy added a better-than-expected 428,000 jobs in April, with the unemployment rate remaining at a low 3.6 percent, the Labor Department reported. The data pointed to continued strong employment growth and contained hints that some inflationary pressures may be easing, with workers' wages rising less than in March. But investors remain anxious that rising prices and higher interest rates will hit consumers, slowing the economy's expansion in the second half of 2022. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
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CNN reporter shows what consumer price growth means for inflation
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Grocery chain CEO on food prices: 'My crystal ball is broken'
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