Inflation Surges, Hits Lower-Income Families Hard
Charleston West Virginia News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Inflation surges to 3.3% in March, highest in nearly four years, driven by a massive gas price hike due to the Iran war. Core inflation rises to 2.6% yearly, impacting lower and middle-income families. Economists predict a short, sharp shock, not a long-term trend. The Fed may delay rate cuts, and oil flows through the Strait of Hormuz will determine the inflations trajectory.
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