Inflation Hits Another High. Has it Peaked?

P.M. Edition for April 12. War in Ukraine, supply-chain issues and new pandemic lockdowns in China are all contributing to higher consumer prices. The Labor Department says inflation surged to a new four-decade high of 8.5% last month. WSJ economic reporter Gwynn Guilford joins host Janet Babin to discuss whether we may be hitting peak inflation. Learn more about your ad choices. Visit megaphone.fm/adchoices