How rising prices are squeezing Americans on a tight budget
Clip: 02/09/2022 | 9m 13s | Video has closed captioning.
Many economists believe the spike in prices is going to be quite high compared to a year ago, while inflation's bite has been particularly pronounced on some groups of Americans. That includes seniors living on fixed incomes and millennials who had already lost ground during the financial crisis and Great Recession. Economics correspondent Paul Solman reports.
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