The connection between gas prices and inflation: Weekly economy update
Philadelphia economist David Fiorenza explains what lower gas prices, changes to the housing market, and more American Rescue Plan money mean for the economy.
The Week in Philly from KYW Newsradio
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Show Notes
As gas prices go down, people seem less worried about inflation. How much are the two connected? We check in with Philadelphia economist David Fiorenza on that and how much more the Federal Reserve could increase interest rates to control inflation. Plus, we're at a 3-month unemployment low, the Jersey shore saw good profits from Labor Day Weekend, and is the housing market finally starting to correct itself?
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