How rising prices are impacting working households
Clip: 6/10/2022 | 5m 1sVideo has Closed Captions
Inflation rises faster than expected, pinching pocketbooks and spooking the markets
New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more than 40 years going back to December 1981. Michelle Singletary, a personal finance columnist for The Washington Post, joins Judy Woodruff to discuss the impact.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
How rising prices are impacting working households
Clip: 6/10/2022 | 5m 1sVideo has Closed Captions
New inflation numbers out Friday show the nation's economic pain has not peaked, and is still getting worse. The U.S. Labor Department reports consumer prices rose 8.6 percent in May from a year ago, marking the biggest increase in more than 40 years going back to December 1981. Michelle Singletary, a personal finance columnist for The Washington Post, joins Judy Woodruff to discuss the impact.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...