CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:23:00
The issue is fridays inflation report at the consumer level, telling us what a lot of us already know, gas prices are high, airline prices -- airfares are high, grocery prices are high. so all of these things consumers are feeling and the fed knows it has to get a handle on it and the only way to tame inflation and the fastest way is to hike interest rates. >> gas prices over the weekend crossed the $5 a gallon threshold. and even if you dont have a car or dont fill up your tank, youre paying fo...
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