By — Amna Nawaz Amna Nawaz By — Karina Cuevas Karina Cuevas Leave your feedback Share Copy URL https://www.pbs.org/newshour/show/economist-breaks-down-new-inflation-report-and-whats-driving-prices-higher Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Audio With the midterm elections just three weeks away, a new inflation report shows prices rising faster than expected, putting more pressure on Americans struggling with the cost of everyday essentials. To discuss what the latest numbers mean for Americans, Amna Nawaz spoke with Heather Long, vice president and chief economist at Navy Federal Credit Union. Listen to this Segment By — Amna Nawaz Amna Nawaz Amna Nawaz serves as co-anchor and co-managing editor of PBS News Hour. @IAmAmnaNawaz By — Karina Cuevas Karina Cuevas
Economist breaks down new inflation report and what's driving prices higher
In short
A new inflation report has revealed that prices are rising at a faster rate than expected, putting more pressure on Americans struggling with the cost of everyday essentials. The report indicates that inflation is accelerating, which could have significant implications for the midterm elections just three weeks away. According to Heather Long, vice president and chief economist at Navy Federal Credit Union, the report shows that prices are increasing at a faster rate than expected. Long explains that the report is…
Key points
- A new inflation report has revealed that prices are rising at a faster rate than expected…: A new inflation report has revealed that prices are rising at a faster rate than expected, putting more pressure on Americans struggling with the cost of everyday essentials.
- The report indicates that inflation is accelerating, which could have significant implica…: The report indicates that inflation is accelerating, which could have significant implications for the midterm elections just three weeks away.
- According to Heather Long, vice president and chief economist at Navy Federal Credit Unio…: According to Heather Long, vice president and chief economist at Navy Federal Credit Union, the report shows that prices are increasing at a faster rate than expected.