this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. inflation is heating up and we can put the blame squarely on food and fuel costs. tom, retail prices in april hit their highest level in two and a half years. tom: susie, the increases were in line with what economists expected. still, the consumer price index jumped 0.4% last month in large part because of higher prices at the pump. take out food and energy and the core-rate rose a very modest 0.2%. susie: higher prices may not yet be visible in all areas of the u.s. economy. but, as suzanne pratt reports, paying more for food and fuel is taking a toll on consumers. reporter: it s no surprise to most shoppers in this new york grocery store that it s getting expensive to put food on the table. after all the cost of yogurt, milk, eggs and meat all rose last month. many say those higher price tags are affecting
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. inflation is heating up and we can put the blame squarely on food and fuel costs. tom, retail prices in april hit their highest level in two and a half years. tom: susie, the increases were in line with what economists expected. still, the consumer price index jumped 0.4% last month in large part because of higher prices at the pump. take out food and energy and the core-rate rose a very modest 0.2%. susie: higher prices may not yet be visible in all areas of the u.s. economy. but, as suzanne pratt reports, paying more for food and fuel is taking a toll on consumers. reporter: it s no surprise to most shoppers in this new york grocery store that it s getting expensive to put food on the table. after all the cost of yogurt, milk, eggs and meat all rose last month. many say those higher price tags are affecting
nightly business report is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt susie: good evening, everyone. inflation is heating up and we can put the blame squarely on food and fuel costs. tom, retail prices in april hit their highest level in two and a half years. tom: susie, the increases were in line with what economists expected. still, the consumer price index jumped 0.4% last month in large part because of higher prices at the pump. take out food and energy and the core-rate rose a very modest 0.2%. susie: higher prices may not yet be visible in all areas of the u.s. economy. but, as suzanne pratt reports, paying more for food and fuel is taking a toll on consumers. reporter: it s no surprise to most shoppers in this new york grocery store that it s getting expensive to put food on the table. after all the cost of yogurt, milk, eggs and meat all rose last month.
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. ben bernanke said today he ll do whatever it takes to prop up the economy. tom, the fed chief s speech at an economic conference in jackson hole wyoming came just hours after the government reported that u.s. economy grew only 1.6% in the second quarter. but bernanke didn t change his forecast. he still believes the economy will grow at relatively a modest pace this year. he said there was only a low risk of deflation. and he made a case that the fed alone can t solve the world s economic problems. tom: susie, bernanke used this speech to boost confidence that the fed is on top of things, and investors bought it for today. the dow rallied more than 1.5%. the chairman outlined four actions the fed could take, if necessary: pumping up the economy with money by buying long-term securities like government bonds. better communic
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. ben bernanke said today he ll do whatever it takes to prop up the economy. tom, the fed chief s speech at an economic conference in jackson hole wyoming came just hours after the government reported that u.s. economy grew only 1.6% in the second quarter. but bernanke didn t change his forecast. he still believes the economy will grow at relatively a modest pace this year. he said there was only a low risk of deflation. and he made a case that the fed alone can t solve the world s economic problems. tom: susie, bernanke used this speech to boost confidence that the fed is on top of things, and investors bought it for today. the dow rallied more than 1.5%. the chairman outlined four actions the fed could take, if necessary: pumping up the economy with money by buying long-term securities like government bonds. better communic