Consumer Prices Drop In Eurozone, Causing Worries
The eurozone is experiencing deflation as consumer prices there dropped 0.2 percent in February compared to the same period last year. The drop raises concerns over policies at the European Central Bank, which has been trying to keep prices up.
Here & Now host Jeremy Hobson speaks with Jill Schlesinger, business analyst with CBS News, about what caused the drop, and what it means for Europe and the rest of the world.
- Jill Schlesinger, business analyst with CBS News and host of “Jill on Money.” She tweets @jillonmoney.