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Pouring $1.9T stimulus into economy carries risk of inflation: Kelly

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JPMorgan principal global planner David Kelly talks about the impact the $1.9 T COVID stimulation expense as well as greater earnings might have on rising cost of living.

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Pouring $1.9T stimulus into economy carries risk of inflation: Kelly

JPMorgan chief global strategist David Kelly discusses the impact the $1.9T COVID stimulus bill and higher wages may have on inflation.

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FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.

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