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UK consumer confidence plunges to record low amid cost-of-living crisis

Transcripts for CNN Early Start With Christine Romans and Laura Jarrett 20220214 10:49:00

they were up sharply after americans were told to leave ukraine immediately. oil jumped up to an eight-year high. of course, russia is the world s second largest producer of both oil and natural gas. high oil prices also, that can drive up prices at the pump here. currently at a seven-year high for gas prices. it can contribute to inflation. more inflation news coming this week. january s producer price index, those are factory-level prices. those come out tomorrow. in december that index rose at the fastest annual pace ever. a push to ban lawmakers from buying and selling stocks while in office is gaining bipartisan support, including from house speaker nancy pelosi who shifted her position from late last year. this is a free market, and people, we are a free market economy, that should be able to participate that. we have to tighten the fines are not those who violate the stock act. it is certainly not sedition to deter behavior. the stock act is something that was after the la

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