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Transcripts for CNN Don Lemon Tonight 20220113 04:33:00

prices and what people want to know is how do you fix it? yeah, and when is it going to go back down? there s a lot of argument about that, of what is causing it. one group thinks that the fed is causing it by not raising rates and they should be trying to cool the economy. another group says that a lot of this is coming straight from the virus. that these sectors are the pandemic affected sectors. the supply chain is needing to be sorted out and once we get it sorted out inflation will slow back down. there was slightly good news in the midst of relatively bad news which were a couple of these headline categories like gasoline, which was going way, way up, gasoline prices have been falling for the last few weeks and the overall price of oil is down so gasoline prices might continue to fall.

Transcripts for CNN Don Lemon Tonight 20220113 08:33:00

pandemic affected sectors. the supply chain is needing to be sorted out and once we get it sorted out inflation will slow back down. there was slightly good news in the midst of relatively bad news which were a couple of these headline categories like gasoline, which was going way, way up, gasoline prices have been falling for the last few weeks and the overall price of oil is down so gasoline prices might continue to fall. and most of this inflation, you know, it is 12 months of inflation, 11 of the months we already knew. so the incremental month of december, which is what got added, inflation fell a little bit. so people are hanging their hats on little signals like that. and hoping that it stays in just the goods sector, physical goods and stuff affected by the supply chain, and doesn t spread over

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