If it seems like everyday items from gasoline to groceries are costing more these days, it’s because they are. A government report released last week showed consumer price inflation reaching levels not seen in 30 years. We dig into what’s causing the spike and how long we can expect it to last.
Guest: Matt Egan, CNN Business Reporter
To learn more about how ... Show More
Jan 2022
Record Number Spells Trouble For Biden
Inflation spikes to its highest level in nearly 40 years, as everything from gas to your couch to your sweatpants is getting more expensive. Plus, big pressure on two Senate Democratic moderates to change their minds about the filibuster and voting rights. And, Mitch McConnell sp ... Show More
39m 5s
<p>Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.</p><p><br></p><p>Read more:</p><p><br></p><p>In December, inflation hit a staggering 7 percent. ... Show More