Did US inflation peak in March? Americans are concerned – CNN

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The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “,”descriptionText”:”Inflation is expected to rise by 7% in 2022, according to Fitch Ratings. The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “},{“title”:”From fuel to fertilizer: US farmers face ‘astronomical’ costs”,”duration”:”02:57″,”sourceName”:”CNNBusiness”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220318104651-farming-rising-costs-yurkevich-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The cost of doing business is increasing for America’s farmers, with inflation pushing up the price of fuel, seed, fertilizer and labor. On the flip side, rising wheat prices could soften that blow. 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CNN’s Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders — including offering them higher dividends and stock buybacks.”},{“title”:”Here’s how the Fed’s interest rate hike will affect your wallet”,”duration”:”01:09″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/index.xml”,”videoId”:”business/2022/03/16/fed-interest-rate-hike-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220316141727-wall-street-nyse-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/video/playlists/business-economy/”,”description”:”The Federal Reserve announced it is raising interest rates for the first time since 2018. What does the increase mean to you and your wallet? 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CNN’s Gabe Cohen reports.”},{“title”:”Analysis: The Fed is late to inflation and they know it”,”duration”:”01:31″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn/index.xml”,”videoId”:”business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330065545-01-federal-reserve-03162022-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/07/egan-federal-reserve-minutes-late-to-inflation-sot-qmb-intl-vpx.cnn/video/playlists/business-economy/”,”description”:”CNN’s Matt Egan says that the minutes released by the Federal Reserve bank indicate that they will be pumping the brakes on the economy and have been slow to react to inflation.”,”descriptionText”:”CNN’s Matt Egan says that the minutes released by the Federal Reserve bank indicate that they will be pumping the brakes on the economy and have been slow to react to inflation.”},{“title”:”Why the US could be headed toward a recession”,”duration”:”04:03″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness/index.xml”,”videoId”:”business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220405133414-deutsche-bank-economist-matthew-luzzetti-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/05/us-recession-forecast-deutsche-bank-economist.cnnbusiness/video/playlists/business-economy/”,”description”:”The US will face a recession, says Deutsche Bank’s Chief US Economist Matthew Luzzetti. He points to “imbalances in the economy” as factors and explains what the Fed would need to do.”,”descriptionText”:”The US will face a recession, says Deutsche Bank’s Chief US Economist Matthew Luzzetti. He points to “imbalances in the economy” as factors and explains what the Fed would need to do.”},{“title”:”Families hitting the road for vacations despite skyrocketing prices”,”duration”:”02:44″,”sourceName”:”CNN”,”sourceLink”:”http://www.cnn.com/”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn/index.xml”,”videoId”:”business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220401091545-natasha-chen-vacation-price-increase-pkg-nd-vpx-00024004-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/01/natasha-chen-vacation-price-increase-pkg-nd-vpx.cnn/video/playlists/business-economy/”,”description”:”Ready for a vacation? It may cost more than you think. CNN’s Natasha Chen breaks down the factors causing vacation prices to skyrocket.”,”descriptionText”:”Ready for a vacation? It may cost more than you think. CNN’s Natasha Chen breaks down the factors causing vacation prices to skyrocket.”},{“title”:”‘Strong hiring across the board’: Romans breaks down March jobs report”,”duration”:”01:42″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220331152347-march-us-jobs-report-hospitality-large-169.jpg”,”videoUrl”:”/videos/business/2022/04/01/jobs-report-march-romans-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The US economy added 431,000 jobs in March, bringing the unemployment rate to a new pandemic-era low of 3.6%. CNN’s Christine Romans breaks down the Bureau of Labor Statistics report.”,”descriptionText”:”The US economy added 431,000 jobs in March, bringing the unemployment rate to a new pandemic-era low of 3.6%. CNN’s Christine Romans breaks down the Bureau of Labor Statistics report.”},{“title”:”See how inflation is affecting renters and homeowners across the US “,”duration”:”03:15″,”sourceName”:”CNN”,”sourceLink”:”https://cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330071748-yurkevich-pkg-stills-inflation-large-169.jpeg”,”videoUrl”:”/videos/business/2022/03/30/housing-rent-supply-chain-inflation-construction-yurkevich-newday-vpx.cnn/video/playlists/business-economy/”,”description”:”Renters and homeowners are faces rising prices due to the supply chain backup creating a rise in prices for construction supplies. CNN’s Vanessa Yurkevich reports. “,”descriptionText”:”Renters and homeowners are faces rising prices due to the supply chain backup creating a rise in prices for construction supplies. CNN’s Vanessa Yurkevich reports. “},{“title”:”Panic buying sets in as Russians feel impact of sanctions”,”duration”:”02:49″,”sourceName”:”CNNBusiness”,”sourceLink”:”http://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220330111129-russian-economy-pkg-sugar-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/30/russian-economy-inflation-sanctions-pkg-stewart-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Russians are feeling the impact of international sanctions as inflation pushes the cost of household staples up. CNN’s Anna Stewart reports some supermarkets have placed limits on how much customers can buy of certain products.”,”descriptionText”:”Russians are feeling the impact of international sanctions as inflation pushes the cost of household staples up. CNN’s Anna Stewart reports some supermarkets have placed limits on how much customers can buy of certain products.”},{“title”:”Here’s what an inverted yield curve means”,”duration”:”01:50″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2019/08/16/inverted-yield-curve-explained.cnn-business/index.xml”,”videoId”:”business/2019/08/16/inverted-yield-curve-explained.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/190816142855-yield-curve-large-169.jpg”,”videoUrl”:”/videos/business/2019/08/16/inverted-yield-curve-explained.cnn-business/video/playlists/business-economy/”,”description”:”CNN Business’ Julia Chatterley explains what an inverted yield curve is, and its eerily-accurate history of predicting recessions. “,”descriptionText”:”CNN Business’ Julia Chatterley explains what an inverted yield curve is, and its eerily-accurate history of predicting recessions. “},{“title”:”US consumer prices will rise by 7% in 2022, says ratings firm”,”duration”:”01:26″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness/index.xml”,”videoId”:”business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220216131242-us-inflation-prices-0210-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/22/inflation-rise-prediction-ratings-firm-egan.cnnbusiness/video/playlists/business-economy/”,”description”:”Inflation is expected to rise by 7% in 2022, according to Fitch Ratings. The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “,”descriptionText”:”Inflation is expected to rise by 7% in 2022, according to Fitch Ratings. The firm pointed to the war in Ukraine as inciting a potential “global supply shock.” CNN’s Matt Egan reports. “},{“title”:”From fuel to fertilizer: US farmers face ‘astronomical’ costs”,”duration”:”02:57″,”sourceName”:”CNNBusiness”,”sourceLink”:”http://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220318104651-farming-rising-costs-yurkevich-pkg-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/18/farmers-inflation-gas-wheat-yurkevich-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”The cost of doing business is increasing for America’s farmers, with inflation pushing up the price of fuel, seed, fertilizer and labor. On the flip side, rising wheat prices could soften that blow. CNN’s Vanessa Yurkevich reports from Indiana.”,”descriptionText”:”The cost of doing business is increasing for America’s farmers, with inflation pushing up the price of fuel, seed, fertilizer and labor. On the flip side, rising wheat prices could soften that blow. CNN’s Vanessa Yurkevich reports from Indiana.”},{“title”:”Big oil catered to shareholders while Americans were hit with surging gas prices”,”duration”:”02:47″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220316163521-oil-production-supply-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/16/fossil-fuel-companies-shareholders-oil-production-gas-prices-the-lead-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”Americans were hit with soaring gas prices, and ramping up oil production was a potential solution. CNN’s Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders — including offering them higher dividends and stock buybacks.”,”descriptionText”:”Americans were hit with soaring gas prices, and ramping up oil production was a potential solution. CNN’s Rene Marsh reports on recently uncovered audio calls that reveal inconsistencies between what fossil fuel companies purported about oil supply, and what their conversations were with shareholders — including offering them higher dividends and stock buybacks.”},{“title”:”Here’s how the Fed’s interest rate hike will affect your wallet”,”duration”:”01:09″,”sourceName”:”CNN Business”,”sourceLink”:””,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/index.xml”,”videoId”:”business/2022/03/16/fed-interest-rate-hike-orig.cnn-business”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220316141727-wall-street-nyse-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/16/fed-interest-rate-hike-orig.cnn-business/video/playlists/business-economy/”,”description”:”The Federal Reserve announced it is raising interest rates for the first time since 2018. What does the increase mean to you and your wallet? CNN’s Christine Romans explains.”,”descriptionText”:”The Federal Reserve announced it is raising interest rates for the first time since 2018. What does the increase mean to you and your wallet? CNN’s Christine Romans explains.”},{“title”:”Return to work burdens Americans amid high gas prices”,”duration”:”01:40″,”sourceName”:”CNN”,”sourceLink”:”https://www.cnn.com”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn/index.xml”,”videoId”:”business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220315084007-commuter-gas-1-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/15/return-to-work-commuter-burden-high-gas-prices-pkg-muntean-newday-vpx.cnn/video/playlists/business-economy/”,”description”:”Families are feeling the burden of soaring gas prices as companies begin to welcome workers back into the office. CNN’s Pete Muntean has more. “,”descriptionText”:”Families are feeling the burden of soaring gas prices as companies begin to welcome workers back into the office. CNN’s Pete Muntean has more. “},{“title”:”‘We have no economic relations with Russia now’ says IMF chief”,”duration”:”04:35″,”sourceName”:”CNNBusiness”,”sourceLink”:”https://www.cnn.com/business”,”videoCMSUrl”:”/video/data/3.0/video/business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness/index.xml”,”videoId”:”business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness”,”videoImage”:”//cdn.cnn.com/cnnnext/dam/assets/220311165426-imf-chief-kristalina-georgieva-large-169.jpg”,”videoUrl”:”/videos/business/2022/03/12/imf-chief-economic-impact-russia-ukraine-invasion-qmb-vpx.cnnbusiness/video/playlists/business-economy/”,”description”:”International Monetary Fund chief Kristalina Georgieva discusses a “spillover impact” that the Russian invasion of Ukraine may have on other countries, how the IMF has cut ties with Russia and how it’s trying to avoid a “massive suffering of people” and economic damage.”,”descriptionText”:”International Monetary Fund chief Kristalina Georgieva discusses a “spillover impact” that the Russian invasion of Ukraine may have on other countries, how the IMF has cut ties with Russia and how it’s trying to avoid a “massive suffering of people” and economic damage.”}],’js-video_headline-featured-i9iq1l’,”,”js-video_source-featured-i9iq1l”,true,true,’business-economy’);if (typeof configObj.context !== ‘string’ || configObj.context.length