The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to the Labor Department. Geoff Bennett discussed more with Heather Long, Chief Economist at Navy Federal Credit Union.
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Geoff Bennett serves as co-anchor and co-managing editor of PBS News Hour. He also serves as an NBC News and MSNBC political contributor.
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