Pent-up Inflation Could Raise Prices Even More in Coming Months
Pent-up inflation could be the next thing to drive up costs even higher. Consumers have largely been shielded from the full brunt of expenses that producers, distributors, and small businesses have faced. Especially in the restaurant industry, they have been hesitant to raise prices too much, but as their costs increase something has got to give. Case in point, a Mississippi restaurant had had to start listing their order of 15 chicken wings as “market price.” At its highest, an order cost $28, but the true cost was closer to $34. Amy Yee, reporter at Bloomberg News, joins us for why even higher prices could still be on their way.
Next, many have already cast ballots in primaries across the country as we start getting closer to the midterm elections, but what are the key issues that people will be voting on. Inflation and the economy continue to be top of mind, but other issues like abortion have vaulted to the top after the leaked draft Supreme Court opinion signaling it would overturn Roe v. Wade. Crime and parental rights in education have also been seized upon by Republicans as top issues for them. Marianna Sotomayor, congressional reporter at The Washington Post, joins us for the top items voters will consider.
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