20.9 C
New York
Sunday, May 29, 2022

Possible Fed pick Cain says deflation more worrying than inflation: Fox Business

Possible Fed pick Cain says deflation more worrying than inflation: Fox Business© Reuters. FILE PHOTO: Former U.S. presidential candidate Cain smiles after endorsing Republican U.S. presidential candidate Gingrich in West Palm Beach

WASHINGTON (Reuters) – Former pizza chain executive Herman Cain, who is under consideration for a seat on the Federal Reserve Board, said on Friday he was more concerned about deflation than inflation.

“Don’t be afraid of inflation. You should be more afraid of deflation,” Cain said in an interview with Fox Business Network.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

Stay Connected

- Advertisement -

Latest Articles

Popular Articles