Hitha Herzog, with H Squared Research, shared her thoughts about the Consumer Price Index report showing inflation has surged over the last year.
DENVER — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve.
The gas price shock stemming from the Iran war has shifted inflation’s trajectory, from a slow, gradual decline to a sharp increase further away from the Fed’s 2% target.
Here is what Hitha Herzog, with H Squared Research, says about what to expect next.
Inflation has surged 3.3% over
→ Continue reading at KGW TV