Name: One-on-One with Michele Schneider, Managing Director of the Market Gauge
Uploaded: 2022-03-11T21:45:10+00:00
Duration: 7 min 29 s
Description: The Labor Department released the Consumer Price Index for February, which shows it increased 7.9 percent from a year ago. Meanwhile, wages increased 5.1 percent. That's almost a 3 percent difference,

2 years ago

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Michele Schneider Market Gauge Alicia Summers OAN OANN recession economy news politics finance inflation

The Labor Department released the Consumer Price Index for February, which shows it increased 7.9 percent from a year ago. Meanwhile, wages increased 5.1 percent. That's almost a 3 percent difference, so if you did not get a 3 percent pay increase then you are essentially getting a pay cut. Are we headed into a recession?

The Managing Director of the Market Gauge, Michele Schneider joined OAN's Alicia Summers to discuss.

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