CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell June 4, 2024 18:23:00
The issue is friday's 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 don't have a car or don't fill up your tank, you're paying for it. >> if you take a vacation you're feeling it, because those airfares are higher. cost of go...