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PBS Newshour

Inflation hits historic high, brings bleak economic outlook

Season 2022 Episode 105 | 7m 38s

Inflation numbers released Tuesday by the U.S. Labor Department show prices are up in nearly every consumer category, but especially energy costs. President Biden traveled to the midwest to explain how his administration is going to ease the pain at the pump. David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, joins Judy Woodruff to explain.

Major corporate funding for the PBS NewsHour is provided by Care.com, Consumer Cellular, and Fidelity. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
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