Detailed text transcripts for TV channel - CNN - 20180211:20:44:00
Overheated economy. rising inflation, higher interest rates. here's what white house director mick mulvaney said this morning about inflation and the impact of this market correction. >> certainly there is a risk that interest rates will spike and there is a concern. i think what you saw last week when it started these wild gyrations in the stock market, keep in mind, chris, that spike we had last week was only the 99th deduction on a percentage basis. so even though that thousand points sound dramatic in the history of things, it's not that large a swing. i think what triggered that was not t...
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