Jerome Powell and co. gain ground on inflation

<p>The Federal Reserve&#8217;s preferred measure of inflation, the Personal Consumption Expenditures price index, out this morning indicates that inflation tempered last month. FHN Financial Chief Economist Christopher Low helps us look behind the numbers. And, China&#8217;s holdings of developing countries&#8217; debt is beginning to play into the wider U.S.-China relationship, says David Dollar of the Brookings Institution.</p>