Consumer prices rise… and so does inflation

Inflation is up… by quite a bit. According to new data released this morning, inflation is at its highest rate in three years. This puts the Federal Reserve in an interesting situation as they battle rates and a new Fed chair. For analysis on this, Professor Jason Kotter, Assistant Professor of Finance at the Marriott School of Business at BYU, joins the show. He discusses all the variables to consider regarding the economy and the struggles we might face if there isn't a deal with Iran soon.