Higher prices for gas, groceries and nearly everything else are on consumers’ minds after a government report Friday showing that inflation is up 8.6% on a year-over-year basis, the largest jump since late 1981. Chief Economist Gerald Cohen tells WTVD-TV, “When people start saying, ‘I think inflation is going to continue to occur, that means that the Fed has to work harder and that it could end badly.”
Inflation, Uncertainty Has Shoppers Doing What They Can to Save Money
