Inflation Reports and the Pressure on U.S. Consumers

Two upcoming U.S. inflation reports will offer a snapshot of consumer prices and the costs businesses pay, ahead of the Federal Reserve’s next rate decision and the midterm elections. NBC News reporter Ally Canal discusses energy costs, household spending, wages, and the growing use of credit amid persistent inflation.

- Consumer Price Index and Producer Price Index: what each report measures and why they matter
- Rising energy prices and potential effects on travel, food, and other costs
- Consumer spending, wage growth, savings, and buy-now-pay-later use
- Economic concerns as households face higher prices and borrowing costs

For viewers following inflation and its effects on everyday budgets, this discussion provides context for interpreting the upcoming reports. Track the CPI and PPI releases and consider how changes in essentials and borrowing costs relate to your own spending.