Prices Keep Climbing, But Inflation Shows Signs of Cooling

P.M. Edition for Aug. 11. The latest government inflation data shows consumer prices rose 5.4% in July from a year earlier, the same elevated pace as in June. But there may be evidence that inflation is cooling. Economics reporter Gwynn Guilford joins host Annmarie Fertoli to discuss what the numbers mean for the economic recovery, policymakers and your wallet. Learn more about your ad choices. Visit megaphone.fm/adchoices