Service Sector Inflation Challenging for US Fed, Kaplan Says

Service Sector Inflation Challenging for US Fed, Kaplan Says

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For your information, you can find below the description of the video Service Sector Inflation Challenging for US Fed, Kaplan Says published by the Youtube channel Bloomberg Television:

Government stimulus and tight labor conditions are impacting "service sector inflation and stickiness of wages," which are proving challenging for the US Federal Reserve, says Robert Kaplan, former Dallas Fed President and Co-Chairman of the Draper Richards Kaplan Foundation. He speaks on Bloomberg Television following Jerome Powell's comments that an upcoming rate hike is unlikely.
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