SAN FRANCISCO (KCBS RADIO) – The Consumer Price Index for April was released, giving us a snapshot into where the United States economy stands.
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The index comes as Democratic and Republican leaders fail to move any closer in debt ceiling negotiations despite the potential for default looming.
To figure out what this all means and to answer your questions KCBS Radio's Margie Shafer and Eric Thomas spoke with Jim Wilcox, Professor of Financial Institutions at Berkeley's Haas School of Business and Former Economist with the Federal Reserve (91-92), as well as Senior Economist with the President's Council of Economic Advisors, on "Ask An Expert."
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