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Consumer prices surge and mortgage rates hit 20-year high



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221013142247 nightcap clip 1 inflation thumb 4x3 hp video Consumer prices surge and mortgage rates hit 20-year high
Consumers continue to be punished by high prices, despite aggressive Fed rate hikes. CNN economic analyst and Financial Times business columnist Rana Foroohar tells “Nightcap’s” Jon Sarlin that homebuyers will still be facing steep housing costs and shoppers may need to cut down on their upcoming holiday shopping. For more, watch the full Nightcap episode here.



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